12, PINE ROAD, NORWICH, NR7 9LE - £157,500

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.

12 PINE ROAD is a very small terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £231,282. It was last sold for £157,500 in March 2015, which was around 2% above the average March 2015 terraced price in the Broadland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

12 PINE ROAD Sold Prices

Land registry data shows two sales for 12 PINE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. Both of the two 12 PINE ROAD 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 4 MAR	£157,500	£154,093	2% above HPI
2012 15 NOV	£139,000	£135,230	3% above HPI

12 PINE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The two 12 PINE ROAD sales from November 2012 and March 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 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 12 PINE ROAD be worth now?

12 PINE ROAD might now be worth an estimated £231,282.

This is based on house price inflation of 46.8%, between March 2015 and May 2026, for terraced houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.8% inflationary increase is applied to the most recent sale price for 12 PINE ROAD of £157,500 on 4th March 2015. For the value to have increased from £157,500 to £231,282 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 12 PINE ROAD has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The March 2015 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PINE ROAD has not materially changed since March 2015.

How Large is 12 PINE ROAD?

12 PINE ROAD is 78m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% 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 12 PINE ROAD lies on this distribution: 16% of terraced houses houses are smaller than 12 PINE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 PINE ROAD: Plot and Title Map

12 PINE ROAD sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 12 PINE 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 12 PINE 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 12 PINE ROAD?

12 PINE ROAD is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 12 on PINE ROAD.