THE VALLEY, HEATHSIDE ROAD, NORWICH, NR1 1TH - £610,000

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

THE VALLEY is a midsized extended detached house of 103m², built sometime between 1900 and 1929. It was last sold for £610,000 in September 2021, which was around 45% above the average September 2021 detached price in the Norwich local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

THE VALLEY Sold Prices

Land registry data shows two sales for THE VALLEY 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 THE VALLEY sales were for above 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 15 SEP	£610,000	£419,827	45% above HPI
2006 30 JUN	£325,000	£244,609	33% above HPI

THE VALLEY 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 THE VALLEY sales from June 2006 and September 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 June 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is THE VALLEY?

THE VALLEY is 103m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where THE VALLEY lies on this distribution: 44% of detached houses are smaller than THE VALLEY, and 55% of houses are larger. Note that EPC data is not available for all properties in Norwich.

THE VALLEY: Plot and Title Map

THE VALLEY sits on a plot of roughly 0.365 of an acre, or 1,478m². The below map shows the location of THE VALLEY, 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 THE VALLEY). 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 THE VALLEY?

THE VALLEY is located on HEATHSIDE ROAD in NORWICH, in the NR1 postcode district. The below map shows the position of THE VALLEY on HEATHSIDE ROAD.