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

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 MARGARET ROAD is a very large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £420,000 in September 2020, which was around 18% 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	£356,891	18% above HPI
2016 12 DEC	£200,000	£314,871	36% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

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 in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1A MARGARET ROAD lies on this distribution: 84% of detached 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.