354, BOWTHORPE ROAD, NORWICH, NR5 8AF - £425,000

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

354 BOWTHORPE ROAD is a very small detached house of 69m², built sometime between 1900 and 1929. It was last sold for £425,000 in December 2022, which was around 11% below the average December 2022 detached price in the Norwich local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

354 BOWTHORPE ROAD Sold Prices

Land registry data shows three sales for 354 BOWTHORPE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 354 BOWTHORPE 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
2022 8 DEC	£425,000	£475,070	11% below HPI
2010 27 OCT	£92,500	£258,487	64% below HPI
2008 21 FEB	£124,950	£274,416	54% below HPI

354 BOWTHORPE 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 three 354 BOWTHORPE ROAD sales between February 2008 and December 2022 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 October 2010 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the December 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 354 BOWTHORPE ROAD?

354 BOWTHORPE ROAD is 69m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 354 BOWTHORPE ROAD lies on this distribution: 8% of detached houses are smaller than 354 BOWTHORPE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Norwich.

354 BOWTHORPE ROAD: Plot and Title Map

354 BOWTHORPE ROAD sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 354 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 354 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 354 BOWTHORPE ROAD?

354 BOWTHORPE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 354 on BOWTHORPE ROAD.