2, NORWICH ROAD, CHEDGRAVE, NORWICH, NR14 6HB - £625,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 NORWICH ROAD is a very large extended detached house of 239m², built sometime between 1900 and 1929. It was last sold for £625,000 in February 2021, which was around 73% above the average February 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was F, and the potential energy rating was D.

2 NORWICH ROAD Sold Prices

Land registry data shows three sales for 2 NORWICH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 2 NORWICH ROAD sales were for above 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
2021 2 FEB	£625,000	£361,883	73% above HPI
1999 12 FEB	£170,000	£85,540	99% above HPI
1996 16 SEP	£138,500	£76,551	81% above HPI

2 NORWICH 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 three 2 NORWICH ROAD sales between September 1996 and February 2021 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 February 1999 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the February 2021 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 2 NORWICH ROAD?

2 NORWICH ROAD is 239m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where 2 NORWICH ROAD lies on this distribution: 92% of detached houses are smaller than 2 NORWICH ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

2 NORWICH ROAD: Plot and Title Map

2 NORWICH ROAD sits on a plot of roughly 0.475 of an acre, or 1,922m². The below map shows the location of 2 NORWICH 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 2 NORWICH 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 2 NORWICH ROAD?

2 NORWICH ROAD is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 2 on NORWICH ROAD.