57, CERE ROAD, NORWICH, NR7 8LH - £170,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

57 CERE ROAD is a small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £170,000 in January 2011, which was around 26% below the average January 2011 detached price in the Broadland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

57 CERE ROAD Sold Prices

Land registry data shows three sales for 57 CERE 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 57 CERE 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
2011 31 JAN	£170,000	£230,895	26% below HPI
2001 27 JUN	£76,000	£129,585	41% below HPI
1997 19 DEC	£49,000	£80,174	39% below HPI

57 CERE 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 57 CERE ROAD sales between December 1997 and January 2011 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 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 57 CERE ROAD?

57 CERE ROAD is 83m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 57 CERE ROAD lies on this distribution: 21% of detached houses are smaller than 57 CERE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Norwich.

57 CERE ROAD: Plot and Title Map

57 CERE ROAD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 57 CERE 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 57 CERE 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 57 CERE ROAD?

57 CERE ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 57 on CERE ROAD.