14, PEEL MEWS, NORWICH, NR3 3PL - £195,000

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

14 PEEL MEWS is a very small detached house of 32m², built sometime between 1983 and 1990. It was last sold for £195,000 in August 2016, which was around 45% below the average August 2016 detached price in the Norwich local authority area. The most recent EPC inspection was May 2009, where the current energy rating was B, and the potential energy rating was B.

14 PEEL MEWS Sold Prices

Land registry data shows two sales for 14 PEEL MEWS 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 14 PEEL MEWS 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
2016 12 AUG	£195,000	£354,164	45% below HPI
1999 20 AUG	£70,000	£100,222	30% below HPI

14 PEEL MEWS 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 14 PEEL MEWS sales from August 1999 and August 2016 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 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 14 PEEL MEWS?

14 PEEL MEWS is 32m² according to the EPC inspection conducted in May 2009. 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 14 PEEL MEWS lies on this distribution: Less than 1% of detached houses are smaller than 14 PEEL MEWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Norwich.

14 PEEL MEWS: Plot and Title Map

14 PEEL MEWS sits on a plot of roughly 0.597 of an acre, or 2,417m². The below map shows the location of 14 PEEL MEWS, 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 PEEL MEWS). 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 PEEL MEWS?

14 PEEL MEWS is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 14 on PEEL MEWS.