48, NORWOOD ROAD, CHESHUNT, WALTHAM CROSS, EN8 9RW - £282,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 NORWOOD ROAD is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £282,500 in April 2014, which was around 44% below the average April 2014 detached price in the Broxbourne local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

48 NORWOOD ROAD Sold Prices

Land registry data shows three sales for 48 NORWOOD 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 Broxbourne local authority area for the corresponding sale date. All of the three 48 NORWOOD 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
2014 2 APR	£282,500	£506,897	44% below HPI
2006 30 MAR	£270,000	£398,557	32% below HPI
1997 28 NOV	£149,995	£172,455	13% below HPI

48 NORWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 48 NORWOOD ROAD sales between November 1997 and April 2014 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 March 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 48 NORWOOD ROAD?

48 NORWOOD ROAD is 88m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses by size in Cheshunt, and where 48 NORWOOD ROAD lies on this distribution: 12% of detached houses are smaller than 48 NORWOOD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

48 NORWOOD ROAD: Plot and Title Map

48 NORWOOD ROAD sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 48 NORWOOD 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 NORWOOD 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 NORWOOD ROAD?

48 NORWOOD ROAD is located in CHESHUNT, in the EN8 postcode district. The below map shows the position of No. 48 on NORWOOD ROAD.