16, VALLEY ROAD, NORWICH, NR5 0BH - £270,000

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 VALLEY ROAD is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £270,000 in November 2017, which was around 18% below the average November 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

16 VALLEY ROAD Sold Prices

Land registry data shows two sales for 16 VALLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 16 VALLEY 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
2017 24 NOV	£270,000	£329,476	18% below HPI
2011 24 FEB	£130,000	£230,315	44% below HPI

16 VALLEY 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 two 16 VALLEY ROAD sales from February 2011 and November 2017 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 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 VALLEY ROAD?

16 VALLEY ROAD is 76m² according to the EPC inspection conducted in September 2017. 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 VALLEY ROAD lies on this distribution: 14% of detached houses are smaller than 16 VALLEY ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 VALLEY ROAD: Plot and Title Map

16 VALLEY ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 16 VALLEY 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 VALLEY 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 VALLEY ROAD?

16 VALLEY ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 16 on VALLEY ROAD.