25, MEADOW RISE ROAD, NORWICH, NR2 3QE - £405,000

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 MEADOW RISE ROAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £405,000 in January 2024, which was around 11% below the average January 2024 detached price in the Norwich local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

25 MEADOW RISE ROAD Sold Prices

Land registry data shows two sales for 25 MEADOW RISE 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 25 MEADOW RISE 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
2024 16 JAN	£405,000	£454,313	11% below HPI
1997 24 OCT	£78,000	£86,099	9% below HPI

25 MEADOW RISE 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 25 MEADOW RISE ROAD sales from October 1997 and January 2024 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 October 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 25 MEADOW RISE ROAD?

25 MEADOW RISE ROAD is 70m² according to the EPC inspection conducted in July 2023. 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 25 MEADOW RISE ROAD lies on this distribution: 9% of detached houses are smaller than 25 MEADOW RISE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.

25 MEADOW RISE ROAD: Plot and Title Map

25 MEADOW RISE ROAD sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 25 MEADOW RISE 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 MEADOW RISE 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 MEADOW RISE ROAD?

25 MEADOW RISE ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 25 on MEADOW RISE ROAD.