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 NORWICH ROAD is a very large detached house of 356m², built sometime between 1900 and 1929. It was last sold for £260,000 in May 2000, which was around 55% above the average May 2000 detached price in the Newham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 NORWICH ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newham local authority area for the corresponding sale date. One of the two 2 NORWICH ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2000 27 MAY | £260,000 | £167,661 | 55% above HPI |
2000 27 MAR | £120,000 | £161,583 | 26% below HPI |
The below graph shows the average detached house price in the Newham local authority area over time, sourced from the HPI. The two 2 NORWICH ROAD sales from March 2000 and May 2000 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 March 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2000 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.
2 NORWICH ROAD is 356m² according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 2 NORWICH ROAD lies on this distribution: 95% of detached houses are smaller than 2 NORWICH ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in London.
2 NORWICH ROAD sits on a plot of roughly 0.127 of an acre, or 514m². 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.
2 NORWICH ROAD is located in LONDON, in the E7 postcode district. The below map shows the position of No. 2 on NORWICH ROAD.