49, OLD PALACE ROAD, NORWICH, NR2 4JG - £292,000

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

49 OLD PALACE ROAD is a very large extended detached house of 162m², built sometime between 2003 and 2006. It was last sold for £292,000 in August 2011, which was around 14% above the average August 2011 detached price in the Norwich local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

49 OLD PALACE ROAD Sold Prices

Land registry data shows five sales for 49 OLD PALACE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Most of the five 49 OLD PALACE 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
2011 8 AUG	£292,000	£256,434	14% above HPI
2004 29 OCT	£250,000	£230,541	8% above HPI
2003 4 DEC	£195,000	£213,558	9% below HPI
2003 22 APR	£95,000	£208,320	54% below HPI
1999 29 OCT	£43,000	£102,494	58% below HPI

49 OLD PALACE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The five 49 OLD PALACE ROAD sales between October 1999 and August 2011 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 October 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 49 OLD PALACE ROAD?

49 OLD PALACE ROAD is 162m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 49 OLD PALACE ROAD lies on this distribution: 87% of detached houses are smaller than 49 OLD PALACE ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Norwich.

49 OLD PALACE ROAD: Plot and Title Map

49 OLD PALACE ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 49 OLD PALACE 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 49 OLD PALACE 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 49 OLD PALACE ROAD?

49 OLD PALACE ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 49 on OLD PALACE ROAD.