111, CAMBRIDGE STREET, NORWICH, NR2 2BD - £235,000

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.

111 CAMBRIDGE STREET is a very small extended terraced house of 56m², built sometime between 1900 and 1929, which could now be worth an estimated £280,944. It was last sold for £235,000 in July 2020, which was around 11% above the average July 2020 terraced price in the Norwich local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

111 CAMBRIDGE STREET Sold Prices

Land registry data shows two sales for 111 CAMBRIDGE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. Both of the two 111 CAMBRIDGE STREET 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
2020 6 JUL	£235,000	£211,199	11% above HPI
2018 12 MAR	£220,000	£199,183	10% above HPI

111 CAMBRIDGE STREET 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 two 111 CAMBRIDGE STREET sales from March 2018 and July 2020 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 March 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 111 CAMBRIDGE STREET be worth now?

111 CAMBRIDGE STREET might now be worth an estimated £280,944.

This is based on house price inflation of 19.6%, between July 2020 and July 2025, 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 19.6% inflationary increase is applied to the most recent sale price for 111 CAMBRIDGE STREET of £235,000 on 6th July 2020. For the value to have increased from £235,000 to £280,944 over the five years to July 2025, the following assumptions must hold true:

• The value of 111 CAMBRIDGE STREET has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The July 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 111 CAMBRIDGE STREET has not materially changed since July 2020.

How Large is 111 CAMBRIDGE STREET?

111 CAMBRIDGE STREET is 56m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% 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 111 CAMBRIDGE STREET lies on this distribution: 2% of terraced houses houses are smaller than 111 CAMBRIDGE STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

111 CAMBRIDGE STREET: Plot and Title Map

111 CAMBRIDGE STREET sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 111 CAMBRIDGE STREET, 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 111 CAMBRIDGE STREET). 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 111 CAMBRIDGE STREET?

111 CAMBRIDGE STREET is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 111 on CAMBRIDGE STREET.