8, HALF MILE ROAD, NORWICH, NR3 2RD - £202,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HALF MILE ROAD is a small extended detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £232,943. It was last sold for £202,000 in January 2019, which was around 50% below the average January 2019 detached price in the Norwich local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

8 HALF MILE ROAD Sold Prices

Land registry data shows two sales for 8 HALF MILE 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 8 HALF MILE 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
2019 4 JAN	£202,000	£400,699	50% below HPI
2003 19 MAR	£126,950	£212,616	40% below HPI

8 HALF MILE 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 8 HALF MILE ROAD sales from March 2003 and January 2019 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 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 8 HALF MILE ROAD be worth now?

8 HALF MILE ROAD might now be worth an estimated £232,943.

This is based on house price inflation of 15.3%, between January 2019 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 8 HALF MILE ROAD of £202,000 on 4th January 2019. For the value to have increased from £202,000 to £232,943 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 HALF MILE ROAD has moved in line with the HPI for detached houses in the Norwich local authority area.
• The January 2019 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HALF MILE ROAD has not materially changed since January 2019.

How Large is 8 HALF MILE ROAD?

8 HALF MILE ROAD is 89m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 8 HALF MILE ROAD lies on this distribution: 28% of detached houses houses are smaller than 8 HALF MILE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 HALF MILE ROAD: Plot and Title Map

8 HALF MILE ROAD sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 8 HALF MILE 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 8 HALF MILE 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 8 HALF MILE ROAD?

8 HALF MILE ROAD is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 8 on HALF MILE ROAD.