1, OVAL ROAD, NORWICH, NR5 0DE - £152,000

1 OVAL ROAD is a very small extended semi-detached house of 61m², built sometime between 1950 and 1966. It was last sold for £152,000 in October 2015, which was around 47% below the average October 2015 detached price in the South Norfolk 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.

1 OVAL ROAD Sold Prices

Land registry data shows two sales for 1 OVAL 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 South Norfolk local authority area for the corresponding sale date. Both of the two 1 OVAL 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 19 OCT	£152,000	£286,672	47% below HPI
2004 26 JAN	£127,500	£198,137	36% below HPI

1 OVAL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 OVAL ROAD sales from January 2004 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 January 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2015 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 1 OVAL ROAD?

1 OVAL ROAD is 61m², which includes one extension, 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 1 OVAL ROAD lies on this distribution: 4% of detached houses are smaller than 1 OVAL ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 OVAL ROAD: Plot and Title Map

1 OVAL ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 1 OVAL 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 1 OVAL 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 1 OVAL ROAD?

1 OVAL ROAD is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 1 on OVAL ROAD.