437, DEREHAM ROAD, NEW COSTESSEY, NORWICH, NR5 0SG - £174,000

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

437 DEREHAM ROAD is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £174,000 in April 2007, which was around 30% below the average April 2007 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

437 DEREHAM ROAD Sold Prices

Land registry data shows two sales for 437 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 South Norfolk local authority area for the corresponding sale date. Both of the two 437 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
2007 20 APR	£174,000	£250,023	30% below HPI
2000 15 JUN	£108,000	£111,772	3% below HPI

437 DEREHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 437 DEREHAM ROAD sales from June 2000 and April 2007 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 June 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2007 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 437 DEREHAM ROAD?

437 DEREHAM ROAD is 112m² according to the EPC inspection conducted in October 2011. 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 437 DEREHAM ROAD lies on this distribution: 53% of detached houses are smaller than 437 DEREHAM ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Norwich.

437 DEREHAM ROAD: Plot and Title Map

437 DEREHAM ROAD sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 437 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 437 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 437 DEREHAM ROAD?

437 DEREHAM ROAD is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 437 on DEREHAM ROAD.