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

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

67 OLIVE ROAD is a small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £325,000 in December 2021, which was around 17% 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	£391,229	17% below HPI
2007 4 MAY	£185,000	£253,004	27% below HPI
2004 10 NOV	£168,000	£223,697	25% below HPI
2000 19 MAY	£77,000	£110,688	30% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 67 OLIVE ROAD lies on this distribution: 26% of detached 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.