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
34 LAUREL ROAD is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £342,500 in November 2020, which was around 5% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 34 LAUREL ROAD since 1st 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 34 LAUREL 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 NOV | £342,500 | £358,956 | 5% below HPI |
2013 16 SEP | £200,000 | £253,159 | 21% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 34 LAUREL ROAD sales from September 2013 and November 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 September 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
34 LAUREL ROAD is 104m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 34 LAUREL ROAD lies on this distribution: 45% of detached houses are smaller than 34 LAUREL ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Norwich.
34 LAUREL ROAD sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 34 LAUREL 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 34 LAUREL 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.
34 LAUREL ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 34 on LAUREL ROAD.