45, MERTON ROAD, NORWICH, NR2 3TT - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 MERTON ROAD is a small extended detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £392,011. It was last sold for £249,950 in July 2007, which was around 15% below the average July 2007 detached price in the Norwich local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

45 MERTON ROAD Sold Prices

Land registry data shows three sales for 45 MERTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 45 MERTON 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 6 JUL	£249,950	£294,626	15% below HPI
2006 7 FEB	£112,500	£244,211	54% below HPI
1997 6 NOV	£32,000	£88,875	64% below HPI

45 MERTON 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 three 45 MERTON ROAD sales between November 1997 and July 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 February 2006 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2007 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 45 MERTON ROAD be worth now?

45 MERTON ROAD might now be worth an estimated £392,011.

This is based on house price inflation of 56.8%, between July 2007 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.8% inflationary increase is applied to the most recent sale price for 45 MERTON ROAD of £249,950 on 6th July 2007. For the value to have increased from £249,950 to £392,011 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 45 MERTON ROAD has moved in line with the HPI for detached houses in the Norwich local authority area.
• The July 2007 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 45 MERTON ROAD has not materially changed since July 2007.

How Large is 45 MERTON ROAD?

45 MERTON ROAD is 99m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 45 MERTON ROAD lies on this distribution: 39% of detached houses houses are smaller than 45 MERTON ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Norwich.

45 MERTON ROAD: Plot and Title Map

45 MERTON ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 45 MERTON 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 45 MERTON 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 45 MERTON ROAD?

45 MERTON ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 45 on MERTON ROAD.