48, STATION ROAD, LINGWOOD, NORWICH, NR13 4AZ - £280,000

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 STATION ROAD is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £280,000 in August 2023, which was around 32% below the average August 2023 detached price in the Broadland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

48 STATION ROAD Sold Prices

Land registry data shows three sales for 48 STATION 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 STATION 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
2023 24 AUG	£280,000	£411,602	32% below HPI
2007 20 AUG	£200,495	£258,761	23% below HPI
2002 25 NOV	£70,469	£176,112	60% below HPI

48 STATION 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 STATION ROAD sales between November 2002 and August 2023 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 August 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 STATION ROAD?

48 STATION ROAD is 87m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 48 STATION ROAD lies on this distribution: 34% of detached houses are smaller than 48 STATION ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

48 STATION ROAD: Plot and Title Map

48 STATION ROAD sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 48 STATION 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 STATION 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 STATION ROAD?

48 STATION ROAD is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 48 on STATION ROAD.