378C, DEREHAM ROAD, NORWICH, NR5 8QE - £340,000

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

378C DEREHAM ROAD is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £340,000 in May 2023, which was around 25% below the average May 2023 detached price in the Norwich local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

378C DEREHAM ROAD Sold Prices

Land registry data shows four sales for 378C DEREHAM 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 378C DEREHAM 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
2023 9 MAY	£340,000	£452,774	25% below HPI
2016 27 MAY	£255,800	£345,122	26% below HPI
1999 22 JAN	£67,000	£92,449	28% below HPI
1996 22 MAR	£50,500	£75,072	33% below HPI

378C DEREHAM 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 378C DEREHAM ROAD sales between March 1996 and May 2023 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 May 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 378C DEREHAM ROAD?

378C DEREHAM ROAD is 114m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 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 378C DEREHAM ROAD lies on this distribution: 56% of detached houses are smaller than 378C DEREHAM ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.

378C DEREHAM ROAD: Plot and Title Map

378C DEREHAM ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 378C DEREHAM 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 378C DEREHAM 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 378C DEREHAM ROAD?

378C DEREHAM ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 378C on DEREHAM ROAD.