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
108 MAGDALEN ROAD is a midsized extended detached house of 114m², built sometime before 1900. It was last sold for £495,000 in April 2022, which was around 11% above the average April 2022 detached price in the Norwich local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 108 MAGDALEN ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Most of the four 108 MAGDALEN 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 19 APR | £495,000 | £447,436 | 11% above HPI |
2006 31 AUG | £250,000 | £253,602 | 1% below HPI |
1997 26 SEP | £75,000 | £86,979 | 14% below HPI |
1996 8 NOV | £55,000 | £76,101 | 28% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 108 MAGDALEN ROAD sales between November 1996 and April 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 August 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
108 MAGDALEN ROAD is 114m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 108 MAGDALEN ROAD lies on this distribution: 56% of detached houses are smaller than 108 MAGDALEN ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.
108 MAGDALEN ROAD sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 108 MAGDALEN 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 108 MAGDALEN 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.
108 MAGDALEN ROAD is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 108 on MAGDALEN ROAD.