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
84 OLIVE ROAD is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £270,000 in March 2021, which was around 26% below the average March 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 84 OLIVE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 84 OLIVE 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 29 MAR | £270,000 | £362,785 | 26% below HPI |
2013 5 AUG | £180,000 | £242,885 | 26% below HPI |
1997 24 OCT | £60,000 | £80,395 | 25% below HPI |
1995 16 FEB | £48,500 | £75,520 | 36% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 84 OLIVE ROAD sales between February 1995 and March 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 August 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, which was also at 26% below the HPI.
84 OLIVE ROAD is 69m² according to the EPC inspection conducted in April 2013. 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 84 OLIVE ROAD lies on this distribution: 8% of detached houses are smaller than 84 OLIVE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Norwich.
84 OLIVE ROAD sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 84 OLIVE 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 84 OLIVE 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.
84 OLIVE ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 84 on OLIVE ROAD.