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

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 OVAL ROAD is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £215,000 in June 2015, which was around 20% 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	£269,898	20% below HPI
2014 12 SEP	£174,500	£273,209	36% below HPI
2014 28 FEB	£160,000	£256,167	38% below HPI
2002 14 MAY	£130,000	£151,085	14% below HPI
1999 5 MAR	£44,500	£84,506	47% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1A OVAL ROAD lies on this distribution: 29% of detached 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.