87, OLIVE ROAD, NORWICH, NR5 0AP - £293,000

87 OLIVE ROAD is a midsized detached house of 102m², built sometime between 1950 and 1966. It was last sold for £293,000 in September 2021, which was around 21% below the average September 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

87 OLIVE ROAD Sold Prices

Land registry data shows three sales for 87 OLIVE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 87 OLIVE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 13 SEP	£293,000	£372,414	21% below HPI
2013 30 AUG	£197,500	£242,885	19% below HPI
2006 19 MAY	£115,000	£233,662	51% below HPI

87 OLIVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 87 OLIVE ROAD sales between May 2006 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 87 OLIVE ROAD?

87 OLIVE ROAD is 102m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 87 OLIVE ROAD lies on this distribution: 43% of detached houses are smaller than 87 OLIVE ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Norwich.

87 OLIVE ROAD: Plot and Title Map

87 OLIVE ROAD sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 87 OLIVE ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 87 OLIVE ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 87 OLIVE ROAD?

87 OLIVE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 87 on OLIVE ROAD.