7, MONEY ROAD, NORWICH, NR6 7FA - £425,000

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

7 MONEY ROAD is a very large detached house of 167m², built in 2020. It was last sold for £425,000 in June 2021, which was around 18% above the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

7 MONEY ROAD Sold Prices

Land registry data shows two sales for 7 MONEY 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 7 MONEY ROAD sales were for above 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 25 JUN	£425,000	£361,326	18% above HPI
2019 8 APR	£1,815,000	£337,503	438% above HPI

7 MONEY 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 7 MONEY ROAD sales from April 2019 and June 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 April 2019 sale was for 438% above the HPI. So the extrapolation line tracks at 438% above the HPI over time, until the June 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 MONEY ROAD?

7 MONEY ROAD is 167m² according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 MONEY ROAD lies on this distribution: 88% of detached houses are smaller than 7 MONEY ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 MONEY ROAD: Plot and Title Map

7 MONEY ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 7 MONEY 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 MONEY 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 MONEY ROAD?

7 MONEY ROAD is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 7 on MONEY ROAD.