2, TOWNSEND ROAD, NORWICH, NR4 6RG - £454,000

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

2 TOWNSEND ROAD is a very large extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £454,000 in February 2022, which was around 3% above the average February 2022 detached price in the Norwich local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

2 TOWNSEND ROAD Sold Prices

Land registry data shows two sales for 2 TOWNSEND ROAD since 1^st 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. One of the two 2 TOWNSEND 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
2022 24 FEB	£454,000	£439,422	3% above HPI
2019 2 APR	£320,000	£387,652	17% below HPI

2 TOWNSEND 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 two 2 TOWNSEND ROAD sales from April 2019 and February 2022 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 April 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 TOWNSEND ROAD?

2 TOWNSEND ROAD is 147m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 2 TOWNSEND ROAD lies on this distribution: 80% of detached houses are smaller than 2 TOWNSEND ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 TOWNSEND ROAD: Plot and Title Map

2 TOWNSEND ROAD sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 2 TOWNSEND 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 TOWNSEND 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 TOWNSEND ROAD?

2 TOWNSEND ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 2 on TOWNSEND ROAD.