24, FLORENCE ROAD, NORWICH, NR1 4BJ - £160,000

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

24 FLORENCE ROAD is a very small extended detached house of 70m², built sometime before 1900. It was last sold for £160,000 in August 2007, which was around 44% below the average August 2007 detached price in the Norwich local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

24 FLORENCE ROAD Sold Prices

Land registry data shows two sales for 24 FLORENCE 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 24 FLORENCE 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
2007 30 AUG	£160,000	£287,812	44% below HPI
2002 17 JUN	£79,000	£176,063	55% below HPI

24 FLORENCE 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 24 FLORENCE ROAD sales from June 2002 and August 2007 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 2002 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2007 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 24 FLORENCE ROAD?

24 FLORENCE ROAD is 70m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 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 24 FLORENCE ROAD lies on this distribution: 9% of detached houses are smaller than 24 FLORENCE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Norwich.

24 FLORENCE ROAD: Plot and Title Map

24 FLORENCE ROAD sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 24 FLORENCE 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 24 FLORENCE 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 24 FLORENCE ROAD?

24 FLORENCE ROAD is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 24 on FLORENCE ROAD.