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
41 ASHTREE ROAD is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £400,000 in October 2022, which was around 6% below the average October 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 41 ASHTREE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 41 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 |
---|---|---|---|
2022 24 OCT | £400,000 | £424,568 | 6% below HPI |
2021 17 DEC | £201,300 | £391,229 | 49% below HPI |
2007 29 AUG | £205,000 | £257,246 | 20% below HPI |
2004 28 JAN | £165,000 | £198,137 | 17% below HPI |
2001 29 NOV | £87,500 | £142,241 | 38% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 41 ASHTREE ROAD sales between November 2001 and October 2022 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 December 2021 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
41 ASHTREE ROAD is 108m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 41 ASHTREE ROAD lies on this distribution: 49% of detached houses are smaller than 41 ASHTREE ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Norwich.
41 ASHTREE ROAD sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 41 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 41 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.
41 ASHTREE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 41 on ASHTREE ROAD.