5, THE RUNNEL, NORWICH, NR5 9HG - £200,000

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 THE RUNNEL is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £200,000 in October 2009, which was around 18% below the average October 2009 detached price in the Norwich local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

5 THE RUNNEL Sold Prices

Land registry data shows three sales for 5 THE RUNNEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 5 THE RUNNEL 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
2009 29 OCT	£200,000	£242,859	18% below HPI
2004 28 JUN	£196,500	£223,721	12% below HPI
2000 8 SEP	£104,940	£129,616	19% below HPI

5 THE RUNNEL 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 three 5 THE RUNNEL sales between September 2000 and October 2009 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 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 THE RUNNEL?

5 THE RUNNEL is 114m² according to the EPC inspection conducted in April 2018. 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 THE RUNNEL lies on this distribution: 56% of detached houses are smaller than 5 THE RUNNEL, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 THE RUNNEL: Plot and Title Map

5 THE RUNNEL sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 THE RUNNEL, 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 THE RUNNEL). 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 THE RUNNEL?

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