32, NEW ROAD, HETHERSETT, NORWICH, NR9 3HH - £700,000

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

32 NEW ROAD is a very large extended detached house of 258m², built sometime between 1950 and 1966. It was last sold for £700,000 in October 2019, which was around 106% above the average October 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was C.

32 NEW ROAD Sold Prices

Land registry data shows two sales for 32 NEW 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 South Norfolk local authority area for the corresponding sale date. Both of the two 32 NEW 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
2019 21 OCT	£700,000	£340,368	106% above HPI
2010 25 MAR	£285,000	£224,905	27% above HPI

32 NEW 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 two 32 NEW ROAD sales from March 2010 and October 2019 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 March 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2019 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 32 NEW ROAD?

32 NEW ROAD is 258m², which includes three extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 32 NEW ROAD lies on this distribution: 99% of detached houses are smaller than 32 NEW ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

32 NEW ROAD: Plot and Title Map

32 NEW ROAD sits on a plot of roughly 0.285 of an acre, or 1,155m². The below map shows the location of 32 NEW 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 32 NEW 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 32 NEW ROAD?

32 NEW ROAD is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 32 on NEW ROAD.