38, CROWN ROAD, NEW COSTESSEY, NORWICH, NR5 0ES - £132,000

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

38 CROWN ROAD is a very small extended detached house of 62m², built sometime between 1930 and 1949. It was last sold for £132,000 in July 2012, which was around 44% below the average July 2012 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

38 CROWN ROAD Sold Prices

Land registry data shows three sales for 38 CROWN 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 South Norfolk local authority area for the corresponding sale date. All of the three 38 CROWN 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
2012 17 JUL	£132,000	£235,121	44% below HPI
2001 17 SEP	£72,000	£140,660	49% below HPI
1999 13 AUG	£36,000	£93,961	62% below HPI

38 CROWN 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 three 38 CROWN ROAD sales between August 1999 and July 2012 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 2001 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2012 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 38 CROWN ROAD?

38 CROWN ROAD is 62m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 38 CROWN ROAD lies on this distribution: 4% of detached houses are smaller than 38 CROWN ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 CROWN ROAD: Plot and Title Map

38 CROWN ROAD sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 38 CROWN 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 38 CROWN 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 38 CROWN ROAD?

38 CROWN ROAD is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 38 on CROWN ROAD.