51, GURNEY ROAD, NEW COSTESSEY, NORWICH, NR5 0HH - £173,000

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

51 GURNEY ROAD is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £173,000 in February 2014, which was around 32% below the average February 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

51 GURNEY ROAD Sold Prices

Land registry data shows two sales for 51 GURNEY 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 South Norfolk local authority area for the corresponding sale date. Both of the two 51 GURNEY 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
2014 4 FEB	£173,000	£256,167	32% below HPI
2000 7 JUN	£57,000	£111,772	49% below HPI

51 GURNEY 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 two 51 GURNEY ROAD sales from June 2000 and February 2014 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 2000 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 51 GURNEY ROAD?

51 GURNEY ROAD is 68m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 51 GURNEY ROAD lies on this distribution: 7% of detached houses are smaller than 51 GURNEY ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Norwich.

51 GURNEY ROAD: Plot and Title Map

51 GURNEY ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 51 GURNEY 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 51 GURNEY 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 51 GURNEY ROAD?

51 GURNEY ROAD is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 51 on GURNEY ROAD.