4, ASHTREE ROAD, NORWICH, NR5 0LS - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 ASHTREE ROAD is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £323,049. It was last sold for £205,000 in May 2015, which was around 27% below the average May 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

4 ASHTREE ROAD Sold Prices

Land registry data shows four sales for 4 ASHTREE 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 South Norfolk local authority area for the corresponding sale date. All of the four 4 ASHTREE 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 18 MAY	£205,000	£279,275	27% below HPI
2006 10 JAN	£144,000	£233,240	38% below HPI
1998 19 FEB	£54,500	£86,382	37% below HPI
1995 18 DEC	£48,500	£72,403	33% below HPI

4 ASHTREE 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 four 4 ASHTREE ROAD sales between December 1995 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 January 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 ASHTREE ROAD be worth now?

4 ASHTREE ROAD might now be worth an estimated £323,049.

This is based on house price inflation of 57.6%, between May 2015 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.6% inflationary increase is applied to the most recent sale price for 4 ASHTREE ROAD of £205,000 on 18th May 2015. For the value to have increased from £205,000 to £323,049 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 4 ASHTREE ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2015 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ASHTREE ROAD has not materially changed since May 2015.

How Large is 4 ASHTREE ROAD?

4 ASHTREE ROAD is 73m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 4 ASHTREE ROAD lies on this distribution: 12% of detached houses houses are smaller than 4 ASHTREE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4 ASHTREE ROAD: Plot and Title Map

4 ASHTREE ROAD sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 4 ASHTREE 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 4 ASHTREE 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 4 ASHTREE ROAD?

4 ASHTREE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 4 on ASHTREE ROAD.