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
5 MEADOW ROAD is a very large extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £440,000 in December 2018, which was around 29% above the average December 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 MEADOW ROAD since 1st 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 5 MEADOW ROAD sales were for above 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 |
---|---|---|---|
2018 10 DEC | £440,000 | £340,663 | 29% above HPI |
2003 12 NOV | £225,000 | £198,009 | 14% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 5 MEADOW ROAD sales from November 2003 and December 2018 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2018 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
5 MEADOW ROAD is 172m², which includes three extensions, according to the EPC inspection conducted in July 2014. 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 5 MEADOW ROAD lies on this distribution: 90% of detached houses are smaller than 5 MEADOW ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Norwich.
5 MEADOW ROAD sits on a plot of roughly 0.261 of an acre, or 1,055m². The below map shows the location of 5 MEADOW 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 MEADOW 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.
5 MEADOW ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 5 on MEADOW ROAD.