122, NEWMARKET STREET, NORWICH, NR2 2DP - £330,000

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

122 NEWMARKET STREET is a very small extended detached house of 72m², built sometime between 1900 and 1929. It was last sold for £330,000 in February 2024, which was around 25% below the average February 2024 detached price in the Norwich local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

122 NEWMARKET STREET Sold Prices

Land registry data shows two sales for 122 NEWMARKET 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 Norwich local authority area for the corresponding sale date. Both of the two 122 NEWMARKET STREET 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 29 FEB	£330,000	£439,098	25% below HPI
2007 15 AUG	£176,000	£287,812	39% below HPI

122 NEWMARKET STREET 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 122 NEWMARKET STREET sales from August 2007 and February 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 August 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 122 NEWMARKET STREET?

122 NEWMARKET STREET is 72m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 122 NEWMARKET STREET lies on this distribution: 11% of detached houses are smaller than 122 NEWMARKET STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

122 NEWMARKET STREET: Plot and Title Map

122 NEWMARKET STREET sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 122 NEWMARKET 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 122 NEWMARKET 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 122 NEWMARKET STREET?

122 NEWMARKET STREET is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 122 on NEWMARKET STREET.