62, ELM ROAD, LINGWOOD, NORWICH, NR13 4TG - £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

62 ELM ROAD is a small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £300,000 in January 2023, which was around 30% below the average January 2023 detached price in the Broadland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

62 ELM ROAD Sold Prices

Land registry data shows two sales for 62 ELM 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 62 ELM 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
2023 16 JAN	£300,000	£427,273	30% below HPI
2008 25 APR	£180,000	£258,030	30% below HPI

62 ELM 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 62 ELM ROAD sales from April 2008 and January 2023 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 April 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2023 sale, which was also at 30% below the HPI.

How Large is 62 ELM ROAD?

62 ELM ROAD is 81m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 62 ELM ROAD lies on this distribution: 29% of detached houses are smaller than 62 ELM ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

62 ELM ROAD: Plot and Title Map

62 ELM ROAD sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 62 ELM 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 62 ELM 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 62 ELM ROAD?

62 ELM ROAD is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 62 on ELM ROAD.