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
16 CEDAR ROAD is a very large extended detached house of 150m², built sometime before 1900. It was last sold for £435,000 in November 2022, which was around 8% below the average November 2022 detached price in the Norwich local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 CEDAR ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Two of the three 16 CEDAR ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2022 30 NOV | £435,000 | £474,458 | 8% below HPI |
2006 28 APR | £239,950 | £238,283 | 1% above HPI |
2005 27 SEP | £158,000 | £238,099 | 34% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 16 CEDAR ROAD sales between September 2005 and November 2022 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 April 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
16 CEDAR ROAD is 150m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 16 CEDAR ROAD lies on this distribution: 81% of detached houses are smaller than 16 CEDAR ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Norwich.
16 CEDAR ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 16 CEDAR 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 16 CEDAR 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.
16 CEDAR ROAD is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 16 on CEDAR ROAD.