5, MARDLE STREET, NORWICH, NR5 9HU - £290,000

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

5 MARDLE STREET is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2019, which was around 22% below the average July 2019 detached price in the Norwich local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 MARDLE STREET Sold Prices

Land registry data shows four sales for 5 MARDLE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 5 MARDLE STREET 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 25 JUL	£290,000	£372,472	22% below HPI
2003 21 NOV	£178,000	£210,707	16% below HPI
2003 16 JAN	£150,000	£196,294	24% below HPI
2001 14 SEP	£129,950	£142,562	9% below HPI

5 MARDLE STREET 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 four 5 MARDLE STREET sales between September 2001 and July 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 November 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 MARDLE STREET?

5 MARDLE STREET is 114m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5 MARDLE STREET lies on this distribution: 56% of detached houses are smaller than 5 MARDLE STREET, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 MARDLE STREET: Plot and Title Map

5 MARDLE STREET sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 5 MARDLE STREET, 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 MARDLE STREET). 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 MARDLE STREET?

5 MARDLE STREET is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 5 on MARDLE STREET.