8, INMAN ROAD, NORWICH, NR7 8JT - £305,000

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 INMAN ROAD is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £316,563. It was last sold for £305,000 in February 2022, which was around 25% below the average February 2022 detached price in the Broadland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

8 INMAN ROAD Sold Prices

Land registry data shows two sales for 8 INMAN 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 8 INMAN 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
2022 14 FEB	£305,000	£408,075	25% below HPI
2005 17 JUL	£140,000	£219,626	36% below HPI

8 INMAN 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 8 INMAN ROAD sales from July 2005 and February 2022 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 July 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 INMAN ROAD be worth now?

8 INMAN ROAD might now be worth an estimated £316,563.

This is based on house price inflation of 3.8%, between February 2022 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 8 INMAN ROAD of £305,000 on 14th February 2022. For the value to have increased from £305,000 to £316,563 over the three years to February 2025, the following assumptions must hold true:

• The value of 8 INMAN ROAD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 INMAN ROAD has not materially changed since February 2022.

How Large is 8 INMAN ROAD?

8 INMAN ROAD is 77m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% 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 INMAN ROAD lies on this distribution: 15% of detached houses houses are smaller than 8 INMAN ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 INMAN ROAD: Plot and Title Map

8 INMAN ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 INMAN 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 INMAN 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 INMAN ROAD?

8 INMAN ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 8 on INMAN ROAD.