3, BIRCHWOOD, NORWICH, NR7 0RL - £275,000

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

3 BIRCHWOOD is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2017, which was around 18% below the average August 2017 detached price in the Broadland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

3 BIRCHWOOD Sold Prices

Land registry data shows four sales for 3 BIRCHWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 3 BIRCHWOOD 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
2017 14 AUG	£275,000	£334,267	18% below HPI
2005 16 DEC	£195,000	£220,778	12% below HPI
1999 20 SEP	£72,000	£92,513	22% below HPI
1997 19 MAY	£60,000	£73,522	18% below HPI

3 BIRCHWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 3 BIRCHWOOD sales between May 1997 and August 2017 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 December 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 BIRCHWOOD?

3 BIRCHWOOD is 105m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 BIRCHWOOD lies on this distribution: 46% of detached houses are smaller than 3 BIRCHWOOD, and 54% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 BIRCHWOOD: Plot and Title Map

3 BIRCHWOOD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 3 BIRCHWOOD, 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 3 BIRCHWOOD). 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 3 BIRCHWOOD?

3 BIRCHWOOD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 3 on BIRCHWOOD.