7, MEADOW RISE ROAD, NORWICH, NR2 3QE - £394,000

7 MEADOW RISE ROAD is a large detached house of 131m², built sometime between 1967 and 1975. It was last sold for £394,000 in November 2015, which was around 20% above the average November 2015 detached price in the Norwich local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

7 MEADOW RISE ROAD Sold Prices

Land registry data shows three sales for 7 MEADOW RISE 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 Norwich local authority area for the corresponding sale date. Two of the three 7 MEADOW RISE ROAD sales were for above the average price, whilst one was 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
2015 6 NOV	£394,000	£328,523	20% above HPI
2012 9 MAR	£227,500	£256,578	11% below HPI
1998 5 NOV	£105,000	£92,266	14% above HPI

7 MEADOW RISE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 7 MEADOW RISE ROAD sales between November 1998 and November 2015 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 March 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7 MEADOW RISE ROAD?

7 MEADOW RISE ROAD is 131m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 7 MEADOW RISE ROAD lies on this distribution: 70% of detached houses are smaller than 7 MEADOW RISE ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 MEADOW RISE ROAD: Plot and Title Map

7 MEADOW RISE ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 7 MEADOW RISE 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 7 MEADOW RISE 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 7 MEADOW RISE ROAD?

7 MEADOW RISE ROAD is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 7 on MEADOW RISE ROAD.