8, TRACEY ROAD, NORWICH, NR7 9LA - £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

8 TRACEY ROAD is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £175,000 in October 2015, which was around 41% below the average October 2015 detached price in the Broadland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

8 TRACEY ROAD Sold Prices

Land registry data shows three sales for 8 TRACEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 8 TRACEY 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
2015 29 OCT	£175,000	£296,001	41% below HPI
2007 2 FEB	£164,500	£246,443	33% below HPI
1996 10 MAY	£44,500	£71,305	38% below HPI

8 TRACEY 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 three 8 TRACEY ROAD sales between May 1996 and October 2015 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 February 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 TRACEY ROAD?

8 TRACEY ROAD is 62m² according to the EPC inspection conducted in July 2015. 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 8 TRACEY ROAD lies on this distribution: 4% of detached houses are smaller than 8 TRACEY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 TRACEY ROAD: Plot and Title Map

8 TRACEY ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 8 TRACEY 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 TRACEY 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 TRACEY ROAD?

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