131, NEWMARKET STREET, NORWICH, NR2 2DR - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

131 NEWMARKET STREET is a very small extended detached house of 68m², built sometime between 1900 and 1929. It was last sold for £170,000 in July 2014, which was around 44% below the average July 2014 detached price in the Norwich local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

131 NEWMARKET STREET Sold Prices

Land registry data shows two sales for 131 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 131 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
2014 22 JUL	£170,000	£302,662	44% below HPI
2003 28 FEB	£118,000	£201,065	41% below HPI

131 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 131 NEWMARKET STREET sales from February 2003 and July 2014 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 February 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 131 NEWMARKET STREET?

131 NEWMARKET STREET is 68m², which includes two extensions, according to the EPC inspection conducted in May 2024. 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 131 NEWMARKET STREET lies on this distribution: 7% of detached houses are smaller than 131 NEWMARKET STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Norwich.

131 NEWMARKET STREET: Plot and Title Map

131 NEWMARKET STREET sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 131 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 131 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 131 NEWMARKET STREET?

131 NEWMARKET STREET is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 131 on NEWMARKET STREET.