48, EASTERN ROAD, NORWICH, NR7 0UJ - £318,000

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 EASTERN ROAD is a large detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £389,209. It was last sold for £318,000 in August 2019, which was around 8% below the average August 2019 detached price in the Broadland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

48 EASTERN ROAD Sold Prices

Land registry data shows three sales for 48 EASTERN ROAD since 1^st 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 EASTERN 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
2019 2 AUG	£318,000	£346,055	8% below HPI
2015 1 DEC	£272,500	£299,341	9% below HPI
2006 21 DEC	£182,000	£246,582	26% below HPI

48 EASTERN 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 three 48 EASTERN ROAD sales between December 2006 and August 2019 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 December 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 48 EASTERN ROAD be worth now?

48 EASTERN ROAD might now be worth an estimated £389,209.

This is based on house price inflation of 22.4%, between August 2019 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 22.4% inflationary increase is applied to the most recent sale price for 48 EASTERN ROAD of £318,000 on 2nd August 2019. For the value to have increased from £318,000 to £389,209 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 48 EASTERN ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2019 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 48 EASTERN ROAD has not materially changed since August 2019.

How Large is 48 EASTERN ROAD?

48 EASTERN ROAD is 127m² according to the EPC inspection conducted in January 2019. This puts it in the largest 40% 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 EASTERN ROAD lies on this distribution: 68% of detached houses houses are smaller than 48 EASTERN ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 EASTERN ROAD: Plot and Title Map

48 EASTERN ROAD sits on a plot of roughly 0.209 of an acre, or 844m². The below map shows the location of 48 EASTERN 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 EASTERN 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 EASTERN ROAD?

48 EASTERN ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 48 on EASTERN ROAD.