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
2 GATELEY GARDENS is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £184,500 in March 2014, which was around 35% below the average March 2014 detached price in the Norwich local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 GATELEY GARDENS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 2 GATELEY GARDENS 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 |
---|---|---|---|
2014 7 MAR | £184,500 | £284,812 | 35% below HPI |
1996 28 NOV | £40,000 | £76,101 | 47% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 2 GATELEY GARDENS sales from November 1996 and March 2014 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 November 1996 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
2 GATELEY GARDENS is 84m² according to the EPC inspection conducted in April 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 2 GATELEY GARDENS lies on this distribution: 22% of detached houses are smaller than 2 GATELEY GARDENS, and 77% of houses are larger. Note that EPC data is not available for all properties in Norwich.
2 GATELEY GARDENS sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 GATELEY GARDENS, 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 2 GATELEY GARDENS). 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.
2 GATELEY GARDENS is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 2 on GATELEY GARDENS.