427, DEREHAM ROAD, NORWICH, NR5 8QH - £285,000

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

427 DEREHAM ROAD is a small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £285,000 in March 2019, which was around 26% below the average March 2019 detached price in the Norwich local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was C.

427 DEREHAM ROAD Sold Prices

Land registry data shows two sales for 427 DEREHAM ROAD 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 427 DEREHAM 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
2019 5 MAR	£285,000	£386,442	26% below HPI
2016 21 DEC	£195,000	£358,064	46% below HPI

427 DEREHAM 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 two 427 DEREHAM ROAD sales from December 2016 and March 2019 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 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 427 DEREHAM ROAD?

427 DEREHAM ROAD is 95m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 427 DEREHAM ROAD lies on this distribution: 35% of detached houses are smaller than 427 DEREHAM ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Norwich.

427 DEREHAM ROAD: Plot and Title Map

427 DEREHAM ROAD sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 427 DEREHAM 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 427 DEREHAM 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 427 DEREHAM ROAD?

427 DEREHAM ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 427 on DEREHAM ROAD.