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 WEST ROAD is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2024, which was around 5% below the average May 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 WEST ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Two of the three 7 WEST ROAD sales were for below the average price, whilst one was 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 |
---|---|---|---|
2024 22 MAY | £385,000 | £403,844 | 5% below HPI |
2018 11 MAY | £335,000 | £330,718 | 1% above HPI |
2015 10 DEC | £250,000 | £289,476 | 14% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 7 WEST ROAD sales between December 2015 and May 2024 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 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
7 WEST ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 50% 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 WEST ROAD lies on this distribution: 58% of detached houses are smaller than 7 WEST ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Norwich.
7 WEST ROAD sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of 7 WEST 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 WEST 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.
7 WEST ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 7 on WEST ROAD.