1, THE WALNUTS, NORWICH, NR4 6SR - £202,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE WALNUTS is a small extended terraced house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £297,327. It was last sold for £202,000 in July 2015, which was around 14% above the average July 2015 terraced price in the Norwich local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

1 THE WALNUTS Sold Prices

Land registry data shows three sales for 1 THE WALNUTS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. All of the three 1 THE WALNUTS 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
2015 24 JUL	£202,000	£177,229	14% above HPI
2001 19 NOV	£110,000	£72,123	53% above HPI
1999 17 JUN	£76,000	£47,552	60% above HPI

1 THE WALNUTS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Norwich local authority area over time, sourced from the HPI. The three 1 THE WALNUTS sales between June 1999 and July 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 November 2001 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 1 THE WALNUTS be worth now?

1 THE WALNUTS might now be worth an estimated £297,327.

This is based on house price inflation of 47.2%, between July 2015 and May 2026, for terraced houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.2% inflationary increase is applied to the most recent sale price for 1 THE WALNUTS of £202,000 on 24th July 2015. For the value to have increased from £202,000 to £297,327 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 1 THE WALNUTS has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The July 2015 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE WALNUTS has not materially changed since July 2015.

How Large is 1 THE WALNUTS?

1 THE WALNUTS is 88m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 1 THE WALNUTS lies on this distribution: 27% of terraced houses houses are smaller than 1 THE WALNUTS, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 THE WALNUTS: Plot and Title Map

1 THE WALNUTS sits on a plot of roughly 1.4 acres, or 5,486m². The below map shows the location of 1 THE WALNUTS, 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 THE WALNUTS). 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 THE WALNUTS?

1 THE WALNUTS is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 1 on THE WALNUTS.