111, OLIVE ROAD, NORWICH, NR5 0AN - £275,000

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

111 OLIVE ROAD is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £275,000 in January 2024, which was around 32% below the average January 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

111 OLIVE ROAD Sold Prices

Land registry data shows two sales for 111 OLIVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 111 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
2024 16 JAN	£275,000	£405,436	32% below HPI
2008 24 OCT	£170,000	£227,506	25% below HPI

111 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 two 111 OLIVE ROAD sales from October 2008 and January 2024 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 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 111 OLIVE ROAD?

111 OLIVE ROAD is 74m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 111 OLIVE ROAD lies on this distribution: 12% of detached houses are smaller than 111 OLIVE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Norwich.

111 OLIVE ROAD: Plot and Title Map

111 OLIVE ROAD sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 111 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 111 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 111 OLIVE ROAD?

111 OLIVE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 111 on OLIVE ROAD.