112, LOWER STREET, SALHOUSE, NORWICH, NR13 6AD - £292,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

112 LOWER STREET is a large extended detached house of 149m², built sometime between 1967 and 1975, which could now be worth an estimated £431,000. It was last sold for £292,500 in August 2015, which was around 2% above the average August 2015 detached price in the Broadland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

112 LOWER STREET Sold Prices

Land registry data shows two sales for 112 LOWER STREET since 1^st 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 112 LOWER STREET sales were for above 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
2015 21 AUG	£292,500	£287,441	2% above HPI
2000 27 APR	£133,000	£104,170	28% above HPI

112 LOWER STREET 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 two 112 LOWER STREET sales from April 2000 and August 2015 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 April 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 112 LOWER STREET be worth now?

112 LOWER STREET might now be worth an estimated £431,000.

This is based on house price inflation of 47.4%, between August 2015 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.4% inflationary increase is applied to the most recent sale price for 112 LOWER STREET of £292,500 on 21st August 2015. For the value to have increased from £292,500 to £431,000 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 112 LOWER STREET has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2015 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 112 LOWER STREET has not materially changed since August 2015.

How Large is 112 LOWER STREET?

112 LOWER STREET is 149m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses houses in Salhouse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salhouse, and where 112 LOWER STREET lies on this distribution: 69% of detached houses houses are smaller than 112 LOWER STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Salhouse.

112 LOWER STREET: Plot and Title Map

112 LOWER STREET sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 112 LOWER STREET, 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 112 LOWER STREET). 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 112 LOWER STREET?

112 LOWER STREET is located in SALHOUSE, in the NR13 postcode district. The below map shows the position of No. 112 on LOWER STREET.