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
42 BEECHBANK is a very large detached house of 157m², built sometime between 1976 and 1982. It was last sold for £575,000 in October 2018, which was around 50% above the average October 2018 detached price in the Norwich local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 42 BEECHBANK since 1st 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 42 BEECHBANK 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 |
---|---|---|---|
2018 26 OCT | £575,000 | £384,588 | 50% above HPI |
2017 10 AUG | £555,000 | £363,679 | 53% above HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 42 BEECHBANK sales from August 2017 and October 2018 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 2017 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2018 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.
42 BEECHBANK is 157m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 42 BEECHBANK lies on this distribution: 84% of detached houses are smaller than 42 BEECHBANK, and 15% of houses are larger. Note that EPC data is not available for all properties in Norwich.
42 BEECHBANK sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 42 BEECHBANK, 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 42 BEECHBANK). 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.
42 BEECHBANK is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 42 on BEECHBANK.