Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 EASTERN ROAD is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £335,000 in May 2022, which was around 17% below the average May 2022 detached price in the Broadland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 EASTERN ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 1 EASTERN 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 |
---|---|---|---|
2022 11 MAY | £335,000 | £405,424 | 17% below HPI |
2013 19 JUL | £155,000 | £247,702 | 37% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 1 EASTERN ROAD sales from July 2013 and May 2022 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 July 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
1 EASTERN ROAD is 104m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 1 EASTERN ROAD lies on this distribution: 45% of detached houses are smaller than 1 EASTERN ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Norwich.
1 EASTERN ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 EASTERN 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 1 EASTERN 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.
1 EASTERN ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1 on EASTERN ROAD.