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
40 HILL ROAD is a very large extended semi-detached house of 213m², built sometime between 1950 and 1966. It was last sold for £260,000 in January 2016, which was around 11% below the average January 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 40 HILL ROAD since 1st 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. Two of the three 40 HILL ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2016 20 JAN | £260,000 | £293,224 | 11% below HPI |
2009 4 AUG | £215,000 | £218,466 | 2% below HPI |
2001 25 JUL | £143,500 | £131,477 | 9% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 40 HILL ROAD sales between July 2001 and January 2016 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 August 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
40 HILL ROAD is 213m², which includes three extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 40 HILL ROAD lies on this distribution: 96% of detached houses are smaller than 40 HILL ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Norwich.
40 HILL ROAD sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 40 HILL 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 40 HILL 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.
40 HILL ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 40 on HILL ROAD.