18, GAGE ROAD, NORWICH, NR7 8BN - £242,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 GAGE ROAD is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £267,372. It was last sold for £242,500 in September 2021, which was around 37% below the average September 2021 detached price in the Broadland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

18 GAGE ROAD Sold Prices

Land registry data shows two sales for 18 GAGE 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 Broadland local authority area for the corresponding sale date. Both of the two 18 GAGE 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
2021 15 SEP	£242,500	£384,146	37% below HPI
1999 20 AUG	£60,000	£92,241	35% below HPI

18 GAGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 18 GAGE ROAD sales from August 1999 and September 2021 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 18 GAGE ROAD be worth now?

18 GAGE ROAD might now be worth an estimated £267,372.

This is based on house price inflation of 10.3%, between September 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 18 GAGE ROAD of £242,500 on 15th September 2021. For the value to have increased from £242,500 to £267,372 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 GAGE ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2021 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 18 GAGE ROAD has not materially changed since September 2021.

How Large is 18 GAGE ROAD?

18 GAGE ROAD is 67m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 18 GAGE ROAD lies on this distribution: 7% of detached houses houses are smaller than 18 GAGE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 GAGE ROAD: Plot and Title Map

18 GAGE ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 18 GAGE 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 18 GAGE 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 18 GAGE ROAD?

18 GAGE ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 18 on GAGE ROAD.