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
107 OLIVE ROAD is a very large extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £337,000 in January 2019, which was around 1% below the average January 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 107 OLIVE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the four 107 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 |
---|---|---|---|
2019 25 JAN | £337,000 | £339,431 | 1% below HPI |
2016 1 JUL | £227,000 | £304,202 | 25% below HPI |
2004 23 DEC | £180,000 | £220,572 | 18% below HPI |
1995 10 NOV | £77,500 | £71,026 | 9% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 107 OLIVE ROAD sales between November 1995 and January 2019 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
107 OLIVE ROAD is 151m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 107 OLIVE ROAD lies on this distribution: 82% of detached houses are smaller than 107 OLIVE ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Norwich.
107 OLIVE ROAD sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 107 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 107 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.
107 OLIVE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 107 on OLIVE ROAD.