12, TRACEY ROAD, NORWICH, NR7 9LA - £185,000

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

12 TRACEY ROAD is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £185,000 in December 2019, which was around 46% below the average December 2019 detached price in the Broadland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

12 TRACEY ROAD Sold Prices

Land registry data shows two sales for 12 TRACEY 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 Broadland local authority area for the corresponding sale date. Both of the two 12 TRACEY 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
2019 20 DEC	£185,000	£342,506	46% below HPI
1997 19 SEP	£42,000	£82,123	49% below HPI

12 TRACEY ROAD 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 12 TRACEY ROAD sales from September 1997 and December 2019 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 September 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2019 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 12 TRACEY ROAD?

12 TRACEY ROAD is 61m² according to the EPC inspection conducted in August 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 12 TRACEY ROAD lies on this distribution: 4% of detached houses are smaller than 12 TRACEY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 TRACEY ROAD: Plot and Title Map

12 TRACEY ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 12 TRACEY 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 12 TRACEY 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 12 TRACEY ROAD?

12 TRACEY ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 12 on TRACEY ROAD.