73, LION WOOD ROAD, NORWICH, NR1 4PT - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

73 LION WOOD ROAD is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £175,000 in August 2021, which was around 58% below the average August 2021 detached price in the Norwich local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

73 LION WOOD ROAD Sold Prices

Land registry data shows two sales for 73 LION WOOD 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 Norwich local authority area for the corresponding sale date. Both of the two 73 LION WOOD 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 27 AUG	£175,000	£414,318	58% below HPI
2014 24 NOV	£148,500	£307,007	52% below HPI

73 LION WOOD 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 two 73 LION WOOD ROAD sales from November 2014 and August 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 November 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2021 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 73 LION WOOD ROAD?

73 LION WOOD ROAD is 69m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 73 LION WOOD ROAD lies on this distribution: 8% of detached houses are smaller than 73 LION WOOD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Norwich.

73 LION WOOD ROAD: Plot and Title Map

73 LION WOOD ROAD sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 73 LION WOOD 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 73 LION WOOD 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 73 LION WOOD ROAD?

73 LION WOOD ROAD is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 73 on LION WOOD ROAD.