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
54 HIGH ROAD is a midsized detached house of 115m², built sometime between 1967 and 1975. It was last sold for £282,000 in March 2021, which was around 22% below the average March 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for 54 HIGH ROAD since 1st 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 54 HIGH 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 |
---|---|---|---|
2021 31 MAR | £282,000 | £362,785 | 22% below HPI |
2020 13 AUG | £271,000 | £352,423 | 23% below HPI |
1999 31 MAR | £54,500 | £84,506 | 36% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 54 HIGH ROAD sales between March 1999 and March 2021 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 August 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
54 HIGH ROAD is 115m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses in Needham, based on EPC data. The below chart shows the distribution of detached houses by size in Needham, and where 54 HIGH ROAD lies on this distribution: 46% of detached houses are smaller than 54 HIGH ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Needham.
54 HIGH ROAD sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 54 HIGH 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 54 HIGH 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.
54 HIGH ROAD is located in NEEDHAM, in the IP20 postcode district. The below map shows the position of No. 54 on HIGH ROAD.