118B, THORPE ROAD, NORWICH, NR1 1RT - £296,500

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

118B THORPE ROAD is a very small extended detached house of 63m², built sometime between 1950 and 1966. It was last sold for £296,500 in July 2023, which was around 34% below the average July 2023 detached price in the Norwich local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

118B THORPE ROAD Sold Prices

Land registry data shows two sales for 118B THORPE 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 Norwich local authority area for the corresponding sale date. Both of the two 118B THORPE 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
2023 26 JUL	£296,500	£448,378	34% below HPI
2010 16 AUG	£90,000	£258,703	65% below HPI

118B THORPE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 118B THORPE ROAD sales from August 2010 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 August 2010 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the July 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 118B THORPE ROAD?

118B THORPE ROAD is 63m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 118B THORPE ROAD lies on this distribution: 4% of detached houses are smaller than 118B THORPE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Norwich.

118B THORPE ROAD: Plot and Title Map

118B THORPE ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 118B THORPE 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 118B THORPE 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 118B THORPE ROAD?

118B THORPE ROAD is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 118B on THORPE ROAD.