318, BOWTHORPE ROAD, NORWICH, NR5 8AB - £242,500

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.

318 BOWTHORPE ROAD is a very small extended semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £307,710. It was last sold for £242,500 in March 2018, which was around 5% above the average March 2018 semi-detached price in the Norwich local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

318 BOWTHORPE ROAD Sold Prices

Land registry data shows two sales for 318 BOWTHORPE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. One of the two 318 BOWTHORPE ROAD sales was for above the average price, whilst the other was 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
2018 29 MAR	£242,500	£230,284	5% above HPI
2009 27 AUG	£140,000	£146,959	5% below HPI

318 BOWTHORPE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The two 318 BOWTHORPE ROAD sales from August 2009 and March 2018 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 August 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 318 BOWTHORPE ROAD be worth now?

318 BOWTHORPE ROAD might now be worth an estimated £307,710.

This is based on house price inflation of 26.9%, between March 2018 and February 2025, for semi-detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.9% inflationary increase is applied to the most recent sale price for 318 BOWTHORPE ROAD of £242,500 on 29th March 2018. For the value to have increased from £242,500 to £307,710 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 318 BOWTHORPE ROAD has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The March 2018 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 318 BOWTHORPE ROAD has not materially changed since March 2018.

How Large is 318 BOWTHORPE ROAD?

318 BOWTHORPE ROAD is 81m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 318 BOWTHORPE ROAD lies on this distribution: 19% of semi-detached houses houses are smaller than 318 BOWTHORPE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Norwich.

318 BOWTHORPE ROAD: Plot and Title Map

318 BOWTHORPE ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 318 BOWTHORPE 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 318 BOWTHORPE 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 318 BOWTHORPE ROAD?

318 BOWTHORPE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 318 on BOWTHORPE ROAD.