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
47 MEADOW RISE ROAD is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £390,000 in June 2021, which was around 4% below the average June 2021 detached price in the Norwich local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 47 MEADOW RISE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 47 MEADOW RISE 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 |
---|---|---|---|
2021 30 JUN | £390,000 | £405,159 | 4% below HPI |
2009 28 MAY | £160,000 | £222,994 | 28% below HPI |
The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 47 MEADOW RISE ROAD sales from May 2009 and June 2021 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 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
47 MEADOW RISE ROAD is 93m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 47 MEADOW RISE ROAD lies on this distribution: 33% of detached houses are smaller than 47 MEADOW RISE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Norwich.
47 MEADOW RISE ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 47 MEADOW RISE 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 47 MEADOW RISE 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.
47 MEADOW RISE ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 47 on MEADOW RISE ROAD.