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 NORFOLK ROAD is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £263,000 in May 2015, which was around 14% below the average May 2015 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 38 NORFOLK ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 38 NORFOLK 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 11 MAY | £263,000 | £305,641 | 14% below HPI |
2000 30 JUN | £102,950 | £124,794 | 18% below HPI |
1996 25 OCT | £70,000 | £80,896 | 13% below HPI |
The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 38 NORFOLK ROAD sales between October 1996 and May 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 June 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
38 NORFOLK ROAD is 81m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 38 NORFOLK ROAD lies on this distribution: 12% of detached houses are smaller than 38 NORFOLK ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Ely.
38 NORFOLK ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 38 NORFOLK 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 NORFOLK 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.
38 NORFOLK ROAD is located in ELY, in the CB6 postcode district. The below map shows the position of No. 38 on NORFOLK ROAD.