25, GOWING ROAD, MULBARTON, NORWICH, NR14 8AT - £295,000

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

25 GOWING ROAD is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £295,000 in September 2023, which was around 28% below the average September 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

25 GOWING ROAD Sold Prices

Land registry data shows five sales for 25 GOWING ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 25 GOWING 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
2023 27 SEP	£295,000	£408,860	28% below HPI
2017 23 JUN	£203,000	£313,571	35% below HPI
2017 31 MAR	£215,000	£317,168	32% below HPI
2011 14 OCT	£150,000	£235,629	36% below HPI
2000 23 JUN	£74,000	£111,772	34% below HPI

25 GOWING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 25 GOWING ROAD sales between June 2000 and September 2023 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 25 GOWING ROAD?

25 GOWING ROAD is 79m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 25 GOWING ROAD lies on this distribution: 15% of detached houses are smaller than 25 GOWING ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

25 GOWING ROAD: Plot and Title Map

25 GOWING ROAD sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 25 GOWING 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 25 GOWING 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 25 GOWING ROAD?

25 GOWING ROAD is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 25 on GOWING ROAD.