124, NEW ROAD, HETHERSETT, NORWICH, NR9 3HQ - £265,000

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.

124 NEW ROAD is a small semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £291,735. It was last sold for £265,000 in July 2024, which was around 3% above the average July 2024 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

124 NEW ROAD Sold Prices

Land registry data shows two sales for 124 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 124 NEW 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
2024 26 JUL	£265,000	£257,370	3% above HPI
1997 15 SEP	£45,000	£48,878	8% below HPI

124 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 124 NEW ROAD sales from September 1997 and July 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 September 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 124 NEW ROAD be worth now?

124 NEW ROAD might now be worth an estimated £291,735.

This is based on house price inflation of 10.1%, between July 2024 and February 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% inflationary increase is applied to the most recent sale price for 124 NEW ROAD of £265,000 on 26th July 2024. For the value to have increased from £265,000 to £291,735 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 124 NEW ROAD has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The July 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 124 NEW ROAD has not materially changed since July 2024.

How Large is 124 NEW ROAD?

124 NEW ROAD is 88m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of semi-detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hethersett, and where 124 NEW ROAD lies on this distribution: 23% of semi-detached houses houses are smaller than 124 NEW ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

124 NEW ROAD: Plot and Title Map

124 NEW ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 124 NEW 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 124 NEW 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 124 NEW ROAD?

124 NEW ROAD is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 124 on NEW ROAD.