8, THE SWALE, NORWICH, NR5 9HE - £318,000

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

8 THE SWALE is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £318,000 in January 2021, which was around 20% below the average January 2021 detached price in the Norwich local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

8 THE SWALE Sold Prices

Land registry data shows three sales for 8 THE SWALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 8 THE SWALE 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 22 JAN	£318,000	£398,712	20% below HPI
2002 14 MAR	£145,000	£155,056	6% below HPI
1996 18 OCT	£65,500	£76,097	14% below HPI

8 THE SWALE 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 three 8 THE SWALE sales between October 1996 and January 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 March 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 THE SWALE?

8 THE SWALE is 131m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 8 THE SWALE lies on this distribution: 70% of detached houses are smaller than 8 THE SWALE, and 29% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 THE SWALE: Plot and Title Map

8 THE SWALE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 8 THE SWALE, 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 THE SWALE). 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 THE SWALE?

8 THE SWALE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 8 on THE SWALE.