221, NEWMARKET ROAD, NORWICH, NR4 7LA - £485,000

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

221 NEWMARKET ROAD is a very large extended detached house of 185m², built sometime between 1900 and 1929. It was last sold for £485,000 in July 2012, which was around 83% above the average July 2012 detached price in the Norwich local authority area. The most recent EPC inspection was December 2010, where the current energy rating was F, and the potential energy rating was E.

221 NEWMARKET ROAD Sold Prices

Land registry data shows two sales for 221 NEWMARKET 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. Both of the two 221 NEWMARKET 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
2012 27 JUL	£485,000	£264,575	83% above HPI
2006 1 JUN	£430,000	£244,609	76% above HPI

221 NEWMARKET 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 221 NEWMARKET ROAD sales from June 2006 and July 2012 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 June 2006 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the July 2012 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 221 NEWMARKET ROAD?

221 NEWMARKET ROAD is 185m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 221 NEWMARKET ROAD lies on this distribution: 92% of detached houses are smaller than 221 NEWMARKET ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Norwich.

221 NEWMARKET ROAD: Plot and Title Map

221 NEWMARKET ROAD sits on a plot of roughly 0.251 of an acre, or 1,015m². The below map shows the location of 221 NEWMARKET 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 221 NEWMARKET 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 221 NEWMARKET ROAD?

221 NEWMARKET ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 221 on NEWMARKET ROAD.