1A, OVAL ROAD, NORWICH, NR5 0DE - £215,000

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 OVAL ROAD is a small extended detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £339,926. It was last sold for £215,000 in June 2015, which was around 23% below the average June 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

1A OVAL ROAD Sold Prices

Land registry data shows five sales for 1A OVAL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 1A OVAL 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
2015 30 JUN	£215,000	£278,356	23% below HPI
2014 12 SEP	£174,500	£281,771	38% below HPI
2014 28 FEB	£160,000	£264,194	39% below HPI
2002 14 MAY	£130,000	£155,820	17% below HPI
1999 5 MAR	£44,500	£87,154	49% below HPI

1A OVAL 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 five 1A OVAL ROAD sales between March 1999 and June 2015 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 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1A OVAL ROAD be worth now?

1A OVAL ROAD might now be worth an estimated £339,926.

This is based on house price inflation of 58.1%, between June 2015 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 58.1% inflationary increase is applied to the most recent sale price for 1A OVAL ROAD of £215,000 on 30th June 2015. For the value to have increased from £215,000 to £339,926 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 1A OVAL ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 1A OVAL ROAD has not materially changed since June 2015.

How Large is 1A OVAL ROAD?

1A OVAL ROAD is 90m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% 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 OVAL ROAD lies on this distribution: 29% of detached houses houses are smaller than 1A OVAL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1A OVAL ROAD: Plot and Title Map

1A OVAL ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 1A OVAL 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 OVAL 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 OVAL ROAD?

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