1A, MARGARET ROAD, NORWICH, NR5 0AU - £420,000

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.

1A MARGARET ROAD is a very large extended detached house of 156m², built sometime between 1930 and 1949, which could now be worth an estimated £502,180. It was last sold for £420,000 in September 2020, which was around 14% above the average September 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

1A MARGARET ROAD Sold Prices

Land registry data shows two sales for 1A MARGARET 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. One of the two 1A MARGARET ROAD sales was for above the average price, whilst the other was 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 28 SEP	£420,000	£368,075	14% above HPI
2016 12 DEC	£200,000	£324,738	38% below HPI

1A MARGARET 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 1A MARGARET ROAD sales from December 2016 and September 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 December 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1A MARGARET ROAD be worth now?

1A MARGARET ROAD might now be worth an estimated £502,180.

This is based on house price inflation of 19.6%, between September 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 1A MARGARET ROAD of £420,000 on 28th September 2020. For the value to have increased from £420,000 to £502,180 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 1A MARGARET ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 1A MARGARET ROAD has not materially changed since September 2020.

How Large is 1A MARGARET ROAD?

1A MARGARET ROAD is 156m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 20% 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 1A MARGARET ROAD lies on this distribution: 84% of detached houses houses are smaller than 1A MARGARET ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1A MARGARET ROAD: Plot and Title Map

1A MARGARET ROAD sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 1A MARGARET 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 MARGARET 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 MARGARET ROAD?

1A MARGARET ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 1A on MARGARET ROAD.