4, LACEY ROAD, TAVERHAM, NORWICH, NR8 6ND - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 LACEY ROAD is a very small extended semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £330,428. It was last sold for £195,000 in November 2013, which was around 20% above the average November 2013 semi-detached price in the Broadland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

4 LACEY ROAD Sold Prices

Land registry data shows two sales for 4 LACEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. Both of the two 4 LACEY ROAD sales were for above 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
2013 28 NOV	£195,000	£162,259	20% above HPI
1996 16 FEB	£57,500	£44,437	29% above HPI

4 LACEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The two 4 LACEY ROAD sales from February 1996 and November 2013 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 February 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2013 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 4 LACEY ROAD be worth now?

4 LACEY ROAD might now be worth an estimated £330,428.

This is based on house price inflation of 69.5%, between November 2013 and February 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.5% inflationary increase is applied to the most recent sale price for 4 LACEY ROAD of £195,000 on 28th November 2013. For the value to have increased from £195,000 to £330,428 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LACEY ROAD has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The November 2013 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LACEY ROAD has not materially changed since November 2013.

How Large is 4 LACEY ROAD?

4 LACEY ROAD is 88m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of semi-detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Taverham, and where 4 LACEY ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 4 LACEY ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Taverham.

4 LACEY ROAD: Plot and Title Map

4 LACEY ROAD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 4 LACEY 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 LACEY 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 LACEY ROAD?

4 LACEY ROAD is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 4 on LACEY ROAD.