3, PINE ROAD, NORWICH, NR7 9LE - £207,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PINE ROAD is a very small extended detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £246,803. It was last sold for £207,500 in August 2020, which was around 42% below the average August 2020 detached price in the Broadland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

3 PINE ROAD Sold Prices

Land registry data shows two sales for 3 PINE 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 Broadland local authority area for the corresponding sale date. Both of the two 3 PINE 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
2020 12 AUG	£207,500	£356,097	42% below HPI
2018 7 JUN	£189,000	£335,764	44% below HPI

3 PINE ROAD 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 two 3 PINE ROAD sales from June 2018 and August 2020 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 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2020 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 3 PINE ROAD be worth now?

3 PINE ROAD might now be worth an estimated £246,803.

This is based on house price inflation of 18.9%, between August 2020 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 3 PINE ROAD of £207,500 on 12th August 2020. For the value to have increased from £207,500 to £246,803 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 3 PINE ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2020 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 3 PINE ROAD has not materially changed since August 2020.

How Large is 3 PINE ROAD?

3 PINE ROAD is 62m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 3 PINE ROAD lies on this distribution: 4% of detached houses houses are smaller than 3 PINE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 PINE ROAD: Plot and Title Map

3 PINE ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 PINE 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 3 PINE 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 3 PINE ROAD?

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