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

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.

46 VERA ROAD is a very small extended detached house of 58m², built sometime between 1930 and 1949, which could now be worth an estimated £361,121. It was last sold for £260,000 in March 2016, which was around 15% 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	£304,945	15% below HPI
2012 2 MAY	£110,000	£246,677	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 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 46 VERA ROAD be worth now?

46 VERA ROAD might now be worth an estimated £361,121.

This is based on house price inflation of 38.9%, between March 2016 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.9% inflationary increase is applied to the most recent sale price for 46 VERA ROAD of £260,000 on 22nd March 2016. For the value to have increased from £260,000 to £361,121 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 46 VERA ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2016 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 46 VERA ROAD has not materially changed since March 2016.

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 houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rackheath, and where 46 VERA ROAD lies on this distribution: 2% of detached houses 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.