38, GURNEY ROAD, NEW COSTESSEY, NORWICH, NR5 0HH - £210,000

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 GURNEY ROAD is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £210,000 in March 2015, which was around 23% below the average March 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

38 GURNEY ROAD Sold Prices

Land registry data shows three sales for 38 GURNEY 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 GURNEY 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
2015 27 MAR	£210,000	£271,446	23% below HPI
2014 25 APR	£181,000	£250,166	28% below HPI
2010 20 OCT	£140,000	£238,872	41% below HPI

38 GURNEY 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 GURNEY ROAD sales between October 2010 and March 2015 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 April 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 38 GURNEY ROAD?

38 GURNEY ROAD is 76m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 GURNEY ROAD lies on this distribution: 14% of detached houses are smaller than 38 GURNEY ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 GURNEY ROAD: Plot and Title Map

38 GURNEY ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 38 GURNEY 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 GURNEY 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 GURNEY ROAD?

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