3, RANSON ROAD, NORWICH, NR1 4AJ - £1,025,000

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

3 RANSON ROAD is a very large extended detached house of 254m², built sometime before 1900. It was last sold for £1,025,000 in November 2021, which was around 136% above the average November 2021 detached price in the Norwich local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

3 RANSON ROAD Sold Prices

Land registry data shows four sales for 3 RANSON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 3 RANSON ROAD sales were for above 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
2021 9 NOV	£1,025,000	£434,676	136% above HPI
2013 17 JUN	£630,000	£273,926	130% above HPI
2005 5 AUG	£600,000	£236,009	154% above HPI
2002 22 MAR	£225,100	£155,056	45% above HPI

3 RANSON 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 four 3 RANSON ROAD sales between March 2002 and November 2021 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 2013 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the November 2021 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.

How Large is 3 RANSON ROAD?

3 RANSON ROAD is 254m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 3 RANSON ROAD lies on this distribution: 98% of detached houses are smaller than 3 RANSON ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 RANSON ROAD: Plot and Title Map

3 RANSON ROAD sits on a plot of roughly 0.370 of an acre, or 1,496m². The below map shows the location of 3 RANSON 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 RANSON 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 RANSON ROAD?

3 RANSON ROAD is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 3 on RANSON ROAD.