4A, OLIVE ROAD, NORWICH, NR5 0AT - £146,000

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

4A OLIVE ROAD is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £146,000 in March 2013, which was around 39% below the average March 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was B.

4A OLIVE ROAD Sold Prices

Land registry data shows two sales for 4A OLIVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 4A OLIVE 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
2013 22 MAR	£146,000	£240,686	39% below HPI
1995 13 OCT	£46,000	£71,511	36% below HPI

4A OLIVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 4A OLIVE ROAD sales from October 1995 and March 2013 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 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2013 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 4A OLIVE ROAD?

4A OLIVE ROAD is 55m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 4A OLIVE ROAD lies on this distribution: 2% of detached houses are smaller than 4A OLIVE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4A OLIVE ROAD: Plot and Title Map

4A OLIVE ROAD sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 4A OLIVE 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 4A OLIVE 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 4A OLIVE ROAD?

4A OLIVE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 4A on OLIVE ROAD.