1, FIRTREE ROAD, NORWICH, NR7 9LB - £267,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FIRTREE ROAD is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £267,000 in December 2021, which was around 32% below the average December 2021 detached price in the Broadland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

1 FIRTREE ROAD Sold Prices

Land registry data shows four sales for 1 FIRTREE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 1 FIRTREE 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 17 DEC	£267,000	£391,591	32% below HPI
2012 2 OCT	£140,000	£243,414	42% below HPI
1996 11 OCT	£59,000	£73,366	20% below HPI
1996 23 AUG	£58,000	£73,822	21% below HPI

1 FIRTREE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 1 FIRTREE ROAD sales between August 1996 and December 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 October 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 FIRTREE ROAD?

1 FIRTREE ROAD is 84m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% 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 FIRTREE ROAD lies on this distribution: 22% of detached houses are smaller than 1 FIRTREE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 FIRTREE ROAD: Plot and Title Map

1 FIRTREE ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 FIRTREE 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 FIRTREE 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 1 FIRTREE ROAD?

1 FIRTREE ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1 on FIRTREE ROAD.