46, VERA ROAD, RACKHEATH, NORWICH, NR13 6QN - £260,000

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

46 VERA ROAD is a very small extended detached house of 58m², built sometime between 1930 and 1949. It was last sold for £260,000 in March 2016, which was around 14% below the average March 2016 detached price in the Broadland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

46 VERA ROAD Sold Prices

Land registry data shows two sales for 46 VERA 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 Broadland local authority area for the corresponding sale date. Both of the two 46 VERA 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
2016 22 MAR	£260,000	£301,918	14% below HPI
2012 2 MAY	£110,000	£244,229	55% below HPI

46 VERA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 46 VERA ROAD sales from May 2012 and March 2016 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 May 2012 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 46 VERA ROAD?

46 VERA ROAD is 58m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 46 VERA ROAD lies on this distribution: 2% of detached houses are smaller than 46 VERA ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

46 VERA ROAD: Plot and Title Map

46 VERA ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 46 VERA 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 46 VERA 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 46 VERA ROAD?

46 VERA ROAD is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 46 on VERA ROAD.