1A, FAIRSTEAD ROAD, NORWICH, NR7 8XG - £250,000

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

1A FAIRSTEAD ROAD is a midsized detached house of 112m², built sometime from 2007 onwards. It was last sold for £250,000 in November 2009, which was around 10% above the average November 2009 detached price in the Broadland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

1A FAIRSTEAD ROAD Sold Prices

Land registry data shows two sales for 1A FAIRSTEAD 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 1A FAIRSTEAD ROAD sales were 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
2009 17 NOV	£250,000	£226,715	10% above HPI
2002 24 MAY	£216,250	£151,340	43% above HPI

1A FAIRSTEAD 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 1A FAIRSTEAD ROAD sales from May 2002 and November 2009 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 May 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2009 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1A FAIRSTEAD ROAD?

1A FAIRSTEAD ROAD is 112m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1A FAIRSTEAD ROAD lies on this distribution: 53% of detached houses are smaller than 1A FAIRSTEAD ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1A FAIRSTEAD ROAD: Plot and Title Map

1A FAIRSTEAD ROAD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 1A FAIRSTEAD 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 1A FAIRSTEAD 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 1A FAIRSTEAD ROAD?

1A FAIRSTEAD ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1A on FAIRSTEAD ROAD.