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
116 NORWICH ROAD is a large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £475,000 in July 2023, which was around 15% above the average July 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 116 NORWICH ROAD since 1st 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. One of the two 116 NORWICH ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 28 JUL | £475,000 | £413,837 | 15% above HPI |
2020 17 JUL | £280,000 | £350,999 | 20% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 116 NORWICH ROAD sales from July 2020 and July 2023 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 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
116 NORWICH ROAD is 138m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 116 NORWICH ROAD lies on this distribution: 78% of detached houses are smaller than 116 NORWICH ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Wymondham.
116 NORWICH ROAD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 116 NORWICH 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 116 NORWICH 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.
116 NORWICH ROAD is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 116 on NORWICH ROAD.