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 LANGLEY ROAD is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £267,000 in May 2018, which was around 19% below the average May 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 42 LANGLEY 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. All of the three 42 LANGLEY 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 |
---|---|---|---|
2018 31 MAY | £267,000 | £330,718 | 19% below HPI |
2005 25 NOV | £195,000 | £225,709 | 14% below HPI |
1996 29 OCT | £64,250 | £76,289 | 16% 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 three 42 LANGLEY ROAD sales between October 1996 and May 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 November 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
42 LANGLEY ROAD is 75m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where 42 LANGLEY ROAD lies on this distribution: 12% of detached houses are smaller than 42 LANGLEY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.
42 LANGLEY ROAD sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 42 LANGLEY 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 42 LANGLEY 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.
42 LANGLEY ROAD is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 42 on LANGLEY ROAD.