41, MARDLE STREET, NORWICH, NR5 9HU - £195,000

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 MARDLE STREET is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £195,000 in July 2005, which was around 17% below the average July 2005 detached price in the Norwich local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

41 MARDLE STREET Sold Prices

Land registry data shows two sales for 41 MARDLE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 41 MARDLE STREET 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
2005 29 JUL	£195,000	£234,989	17% below HPI
2002 15 MAR	£142,500	£155,056	8% below HPI

41 MARDLE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 41 MARDLE STREET sales from March 2002 and July 2005 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 March 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2005 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 41 MARDLE STREET?

41 MARDLE STREET is 116m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 MARDLE STREET lies on this distribution: 58% of detached houses are smaller than 41 MARDLE STREET, and 41% of houses are larger. Note that EPC data is not available for all properties in Norwich.

41 MARDLE STREET: Plot and Title Map

41 MARDLE STREET sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 41 MARDLE STREET, 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 MARDLE STREET). 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 41 MARDLE STREET?

41 MARDLE STREET is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 41 on MARDLE STREET.