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

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

18 GAGE ROAD is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £242,500 in September 2021, which was around 36% 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	£380,333	36% below HPI
1999 20 AUG	£60,000	£91,326	34% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

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 in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 18 GAGE ROAD lies on this distribution: 7% of detached 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.