Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
44 WELSFORD ROAD is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £530,000 in February 2022, which was around 21% above the average February 2022 detached price in the Norwich local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 44 WELSFORD ROAD since 1st 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. two of the four 44 WELSFORD ROAD sales were for above the average price, and four 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 28 FEB | £530,000 | £439,422 | 21% above HPI |
2010 20 OCT | £295,000 | £258,487 | 14% above HPI |
2001 8 MAR | £84,000 | £130,279 | 36% below HPI |
1996 30 AUG | £58,000 | £75,235 | 23% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 44 WELSFORD ROAD sales between August 1996 and February 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 October 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
44 WELSFORD ROAD is 111m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 44 WELSFORD ROAD lies on this distribution: 52% of detached houses are smaller than 44 WELSFORD ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Norwich.
44 WELSFORD ROAD sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 44 WELSFORD 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 44 WELSFORD 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.
44 WELSFORD ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 44 on WELSFORD ROAD.