16, MEADOW RISE ROAD, NORWICH, NR2 3QE - £225,000

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

16 MEADOW RISE ROAD is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £225,000 in October 2013, which was around 20% below the average October 2013 detached price in the Norwich local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

16 MEADOW RISE ROAD Sold Prices

Land registry data shows three sales for 16 MEADOW RISE 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 Norwich local authority area for the corresponding sale date. All of the three 16 MEADOW RISE ROAD 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
2013 15 OCT	£225,000	£281,179	20% below HPI
1997 31 JUL	£67,500	£83,664	19% below HPI
1996 28 JUN	£53,000	£74,397	29% below HPI

16 MEADOW RISE ROAD 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 three 16 MEADOW RISE ROAD sales between June 1996 and October 2013 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 July 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 MEADOW RISE ROAD?

16 MEADOW RISE ROAD is 73m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 MEADOW RISE ROAD lies on this distribution: 12% of detached houses are smaller than 16 MEADOW RISE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 MEADOW RISE ROAD: Plot and Title Map

16 MEADOW RISE ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 16 MEADOW RISE 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 MEADOW RISE 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 16 MEADOW RISE ROAD?

16 MEADOW RISE ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 16 on MEADOW RISE ROAD.