1A, FURZE ROAD, NORWICH, NR7 0AS - £280,000

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

1A FURZE ROAD is a small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £280,000 in April 2020, which was around 19% below the average April 2020 detached price in the Broadland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

1A FURZE ROAD Sold Prices

Land registry data shows two sales for 1A FURZE 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 FURZE 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
2020 15 APR	£280,000	£344,136	19% below HPI
1999 3 SEP	£80,000	£92,513	14% below HPI

1A FURZE 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 FURZE ROAD sales from September 1999 and April 2020 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1A FURZE ROAD?

1A FURZE ROAD is 83m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 FURZE ROAD lies on this distribution: 21% of detached houses are smaller than 1A FURZE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1A FURZE ROAD: Plot and Title Map

1A FURZE ROAD sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 1A FURZE 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 FURZE 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 FURZE ROAD?

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