5, ELM ROAD, LINGWOOD, NORWICH, NR13 4TG - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 ELM ROAD is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £310,823. It was last sold for £235,000 in January 2017, which was around 27% below the average January 2017 detached price in the Broadland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

5 ELM ROAD Sold Prices

Land registry data shows three sales for 5 ELM 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 5 ELM 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
2017 4 JAN	£235,000	£320,225	27% below HPI
2003 21 OCT	£137,000	£198,517	31% below HPI
2001 4 OCT	£104,950	£141,669	26% below HPI

5 ELM 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 5 ELM ROAD sales between October 2001 and January 2017 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 ELM ROAD be worth now?

5 ELM ROAD might now be worth an estimated £310,823.

This is based on house price inflation of 32.3%, between January 2017 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for 5 ELM ROAD of £235,000 on 4th January 2017. For the value to have increased from £235,000 to £310,823 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 ELM ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM ROAD has not materially changed since January 2017.

How Large is 5 ELM ROAD?

5 ELM ROAD is 76m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lingwood, and where 5 ELM ROAD lies on this distribution: 18% of detached houses houses are smaller than 5 ELM ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

5 ELM ROAD: Plot and Title Map

5 ELM ROAD sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 5 ELM 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 5 ELM 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 5 ELM ROAD?

5 ELM ROAD is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 5 on ELM ROAD.