50, VERA ROAD, RACKHEATH, NORWICH, NR13 6QN - £300,000

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

50 VERA ROAD is a large detached house of 147m², built sometime between 1950 and 1966. It was last sold for £300,000 in January 2017, which was around 5% below the average January 2017 detached price in the Broadland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

50 VERA ROAD Sold Prices

Land registry data shows two sales for 50 VERA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 50 VERA 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
2017 23 JAN	£300,000	£317,048	5% below HPI
2001 11 MAY	£114,500	£125,432	9% below HPI

50 VERA 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 two 50 VERA ROAD sales from May 2001 and January 2017 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 May 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 50 VERA ROAD?

50 VERA ROAD is 147m² according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 50 VERA ROAD lies on this distribution: 78% of detached houses are smaller than 50 VERA ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

50 VERA ROAD: Plot and Title Map

50 VERA ROAD sits on a plot of roughly 0.241 of an acre, or 975m². The below map shows the location of 50 VERA 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 50 VERA 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 50 VERA ROAD?

50 VERA ROAD is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 50 on VERA ROAD.