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
387 BOWTHORPE ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £147,000 in August 2012, which was around 45% below the average August 2012 detached price in the Norwich local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 387 BOWTHORPE ROAD since 1st 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 387 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 |
---|---|---|---|
2012 10 AUG | £147,000 | £267,141 | 45% below HPI |
2005 29 JUL | £144,000 | £234,989 | 39% below HPI |
1997 9 MAY | £40,000 | £79,964 | 50% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 387 BOWTHORPE ROAD sales between May 1997 and August 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 July 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2012 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
387 BOWTHORPE ROAD is 89m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 387 BOWTHORPE ROAD lies on this distribution: 28% of detached houses are smaller than 387 BOWTHORPE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Norwich.
387 BOWTHORPE ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 387 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 387 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.
387 BOWTHORPE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 387 on BOWTHORPE ROAD.