41A, CROME ROAD, NORWICH, NR3 4RG - £228,000

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

41A CROME ROAD is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £228,000 in December 2022, which was around 52% below the average December 2022 detached price in the Norwich local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

41A CROME ROAD Sold Prices

Land registry data shows four sales for 41A CROME 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 Norwich local authority area for the corresponding sale date. All of the four 41A CROME 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 16 DEC	£228,000	£475,070	52% below HPI
2011 4 MAR	£120,000	£258,159	54% below HPI
2006 19 OCT	£105,000	£260,686	60% below HPI
1998 18 SEP	£26,100	£93,217	72% below HPI

41A CROME ROAD 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 four 41A CROME ROAD sales between September 1998 and December 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 March 2011 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 41A CROME ROAD?

41A CROME ROAD is 58m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 41A CROME ROAD lies on this distribution: 3% of detached houses are smaller than 41A CROME ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Norwich.

41A CROME ROAD: Plot and Title Map

41A CROME ROAD sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 41A CROME 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 41A CROME 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 41A CROME ROAD?

41A CROME ROAD is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 41A on CROME ROAD.