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
225A DEREHAM ROAD is a very large detached house of 178m², built sometime between 1983 and 1990. It was last sold for £190,000 in April 2021, which was around 52% below the average April 2021 detached price in the Norwich local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 225A DEREHAM ROAD 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 225A DEREHAM ROAD 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 |
---|---|---|---|
2021 16 APR | £190,000 | £394,357 | 52% below HPI |
2007 31 AUG | £248,000 | £287,812 | 14% 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 225A DEREHAM ROAD sales from August 2007 and April 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 August 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
225A DEREHAM ROAD is 178m² according to the EPC inspection conducted in July 2022. 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 225A DEREHAM ROAD lies on this distribution: 91% of detached houses are smaller than 225A DEREHAM ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Norwich.
225A DEREHAM ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 225A DEREHAM 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 225A DEREHAM 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.
225A DEREHAM ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 225A on DEREHAM ROAD.