1B, MILE END ROAD, NORWICH, NR4 7QY - £700,000

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

1B MILE END ROAD is a very large extended detached house of 158m², built sometime between 1967 and 1975. It was last sold for £700,000 in April 2018, which was around 88% above the average April 2018 detached price in the Norwich local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

1B MILE END ROAD Sold Prices

Land registry data shows four sales for 1B MILE END ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Most of the four 1B MILE END 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
2018 6 APR	£700,000	£371,738	88% above HPI
2015 18 DEC	£310,000	£330,120	6% below HPI
2013 30 AUG	£250,000	£274,173	9% below HPI
2012 11 SEP	£250,000	£268,428	7% below HPI

1B MILE END ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 1B MILE END ROAD sales between September 2012 and April 2018 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 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2018 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 1B MILE END ROAD?

1B MILE END ROAD is 158m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 1B MILE END ROAD lies on this distribution: 85% of detached houses are smaller than 1B MILE END ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1B MILE END ROAD: Plot and Title Map

1B MILE END ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 1B MILE END 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 1B MILE END 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 1B MILE END ROAD?

1B MILE END ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 1B on MILE END ROAD.