14, NEW ROAD, HETHERSETT, NORWICH, NR9 3HH - £575,000

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

14 NEW ROAD is a very large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £575,000 in May 2024, which was around 43% above the average May 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

14 NEW ROAD Sold Prices

Land registry data shows three sales for 14 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 14 NEW ROAD sales were for above 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 8 MAY	£575,000	£403,131	43% above HPI
2020 9 MAR	£470,000	£349,462	34% above HPI
2015 16 OCT	£325,000	£286,672	13% above HPI

14 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 14 NEW ROAD sales between October 2015 and May 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 March 2020 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2024 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 14 NEW ROAD?

14 NEW ROAD is 155m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 14 NEW ROAD lies on this distribution: 88% of detached houses are smaller than 14 NEW ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

14 NEW ROAD: Plot and Title Map

14 NEW ROAD sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 14 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 14 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 14 NEW ROAD?

14 NEW ROAD is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 14 on NEW ROAD.