67, OLIVE ROAD, NORWICH, NR5 0AP - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

67 OLIVE ROAD is a small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £354,485. It was last sold for £325,000 in December 2021, which was around 19% below the average December 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

67 OLIVE ROAD Sold Prices

Land registry data shows four sales for 67 OLIVE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 67 OLIVE 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 10 DEC	£325,000	£403,489	19% below HPI
2007 4 MAY	£185,000	£260,933	29% below HPI
2004 10 NOV	£168,000	£230,707	27% below HPI
2000 19 MAY	£77,000	£114,157	33% below HPI

67 OLIVE 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 four 67 OLIVE ROAD sales between May 2000 and December 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 May 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 67 OLIVE ROAD be worth now?

67 OLIVE ROAD might now be worth an estimated £354,485.

This is based on house price inflation of 9.1%, between December 2021 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for 67 OLIVE ROAD of £325,000 on 10th December 2021. For the value to have increased from £325,000 to £354,485 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 67 OLIVE ROAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 67 OLIVE ROAD has not materially changed since December 2021.

How Large is 67 OLIVE ROAD?

67 OLIVE ROAD is 87m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 67 OLIVE ROAD lies on this distribution: 26% of detached houses houses are smaller than 67 OLIVE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Norwich.

67 OLIVE ROAD: Plot and Title Map

67 OLIVE ROAD sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 67 OLIVE 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 67 OLIVE 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 67 OLIVE ROAD?

67 OLIVE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 67 on OLIVE ROAD.