5, NORWICH ROAD, TACOLNESTON, NORWICH, NR16 1DJ - £390,000

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 NORWICH ROAD is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £390,000 in February 2024, which was around 5% below the average February 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

5 NORWICH ROAD Sold Prices

Land registry data shows three sales for 5 NORWICH 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 South Norfolk local authority area for the corresponding sale date. All of the three 5 NORWICH 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
2024 16 FEB	£390,000	£410,781	5% below HPI
2013 19 JUL	£175,000	£240,168	27% below HPI
1998 11 NOV	£57,500	£89,285	36% below HPI

5 NORWICH 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 three 5 NORWICH ROAD sales between November 1998 and February 2024 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 July 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 NORWICH ROAD?

5 NORWICH ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% of detached houses in Tacolneston, based on EPC data. The below chart shows the distribution of detached houses by size in Tacolneston, and where 5 NORWICH ROAD lies on this distribution: 40% of detached houses are smaller than 5 NORWICH ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Tacolneston.

5 NORWICH ROAD: Plot and Title Map

5 NORWICH ROAD sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 5 NORWICH 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 NORWICH 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 NORWICH ROAD?

5 NORWICH ROAD is located in TACOLNESTON, in the NR16 postcode district. The below map shows the position of No. 5 on NORWICH ROAD.