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
48 CROMER ROAD is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £210,000 in January 2021, which was around 42% below the average January 2021 detached price in the Broadland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 48 CROMER ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 48 CROMER 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 14 JAN | £210,000 | £359,037 | 42% below HPI |
2019 24 JAN | £200,000 | £349,804 | 43% below HPI |
2007 29 JUN | £180,000 | £249,438 | 28% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 48 CROMER ROAD sales between June 2007 and January 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 January 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
48 CROMER ROAD is 93m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 48 CROMER ROAD lies on this distribution: 33% of detached houses are smaller than 48 CROMER ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Norwich.
48 CROMER ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 48 CROMER 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 CROMER 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.
48 CROMER ROAD is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 48 on CROMER ROAD.