4A, VERA ROAD, NORWICH, NR6 5HU - £175,000

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 VERA ROAD is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £175,000 in November 2019, which was around 48% below the average November 2019 detached price in the Broadland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

4A VERA ROAD Sold Prices

Land registry data shows three sales for 4A VERA 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 4A VERA 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 7 NOV	£175,000	£338,659	48% below HPI
1999 29 OCT	£73,950	£93,989	21% below HPI
1997 31 JAN	£46,500	£75,503	38% below HPI

4A VERA 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 4A VERA ROAD sales between January 1997 and November 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 October 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 4A VERA ROAD?

4A VERA ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% 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 VERA ROAD lies on this distribution: 38% of detached houses are smaller than 4A VERA ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4A VERA ROAD: Plot and Title Map

4A VERA ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 4A VERA 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 VERA 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 VERA ROAD?

4A VERA ROAD is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 4A on VERA ROAD.