5, PIPER ROAD, NORWICH, NR7 9LF - £285,000

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 PIPER ROAD is a very small semi-detached house of 80m², built sometime between 1967 and 1975. It was last sold for £285,000 in June 2019, which was around 17% below the average June 2019 detached price in the Broadland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

5 PIPER ROAD Sold Prices

Land registry data shows three sales for 5 PIPER 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 PIPER 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 28 JUN	£285,000	£342,323	17% below HPI
2015 30 JUN	£235,000	£274,912	15% below HPI
2007 30 NOV	£189,000	£254,055	26% below HPI

5 PIPER 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 PIPER ROAD sales between November 2007 and June 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 June 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 PIPER ROAD?

5 PIPER ROAD is 80m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 PIPER ROAD lies on this distribution: 18% of detached houses are smaller than 5 PIPER ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 PIPER ROAD: Plot and Title Map

5 PIPER ROAD sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 5 PIPER 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 PIPER 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 PIPER ROAD?

5 PIPER ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 5 on PIPER ROAD.