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

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

59 CERE ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £170,000 in April 2013, which was around 31% below the average April 2013 detached price in the Broadland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

59 CERE ROAD Sold Prices

Land registry data shows five sales for 59 CERE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 59 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
2013 22 APR	£170,000	£245,601	31% below HPI
2006 10 JUL	£164,950	£233,719	29% below HPI
2003 5 MAR	£125,000	£185,905	33% below HPI
2002 15 NOV	£120,500	£176,112	32% below HPI
1999 28 MAY	£51,500	£87,634	41% below HPI

59 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 five 59 CERE ROAD sales between May 1999 and April 2013 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 July 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 59 CERE ROAD?

59 CERE ROAD is 65m² according to the EPC inspection conducted in May 2012. 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 59 CERE ROAD lies on this distribution: 5% of detached houses are smaller than 59 CERE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Norwich.

59 CERE ROAD: Plot and Title Map

59 CERE ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 59 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 59 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 59 CERE ROAD?

59 CERE ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 59 on CERE ROAD.