48, ASHTREE ROAD, NORWICH, NR5 0LR - £410,000

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.

48 ASHTREE ROAD is a very large extended detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £443,172. It was last sold for £410,000 in February 2022, which was around 1% above the average February 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

48 ASHTREE ROAD Sold Prices

Land registry data shows two sales for 48 ASHTREE 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 South Norfolk local authority area for the corresponding sale date. Both of the two 48 ASHTREE ROAD sales were for above 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 16 FEB	£410,000	£407,153	1% above HPI
1995 14 JUL	£74,500	£73,590	1% above HPI

48 ASHTREE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 48 ASHTREE ROAD sales from July 1995 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 July 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2022 sale, which was also at 1% above the HPI.

What might 48 ASHTREE ROAD be worth now?

48 ASHTREE ROAD might now be worth an estimated £443,172.

This is based on house price inflation of 8.1%, between February 2022 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.1% inflationary increase is applied to the most recent sale price for 48 ASHTREE ROAD of £410,000 on 16th February 2022. For the value to have increased from £410,000 to £443,172 over the three years to February 2025, the following assumptions must hold true:

• The value of 48 ASHTREE ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The February 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 48 ASHTREE ROAD has not materially changed since February 2022.

How Large is 48 ASHTREE ROAD?

48 ASHTREE ROAD is 153m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 48 ASHTREE ROAD lies on this distribution: 83% of detached houses houses are smaller than 48 ASHTREE ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 ASHTREE ROAD: Plot and Title Map

48 ASHTREE ROAD sits on a plot of roughly 0.237 of an acre, or 961m². The below map shows the location of 48 ASHTREE 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 48 ASHTREE 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 48 ASHTREE ROAD?

48 ASHTREE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 48 on ASHTREE ROAD.