2B, MEADOW ROAD, NORWICH, NR5 0NF - £156,000

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

2B MEADOW ROAD is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £156,000 in August 2003, which was around 19% below the average August 2003 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2B MEADOW ROAD Sold Prices

Land registry data shows three sales for 2B MEADOW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 2B MEADOW 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
2003 22 AUG	£156,000	£191,709	19% below HPI
2001 23 NOV	£125,000	£142,241	12% below HPI
1997 24 OCT	£72,500	£80,395	10% below HPI

2B MEADOW 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 three 2B MEADOW ROAD sales between October 1997 and August 2003 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 November 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2003 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2B MEADOW ROAD?

2B MEADOW ROAD is 87m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2B MEADOW ROAD lies on this distribution: 26% of detached houses are smaller than 2B MEADOW ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2B MEADOW ROAD: Plot and Title Map

2B MEADOW ROAD sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 2B MEADOW 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 2B MEADOW 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 2B MEADOW ROAD?

2B MEADOW ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 2B on MEADOW ROAD.