14, THE WILLOWS, NORWICH, NR2 4GW - £489,000

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.

14 THE WILLOWS is a large extended terraced house of 139m², built sometime between 2007 and 2011, which could now be worth an estimated £501,514. It was last sold for £489,000 in September 2023, which was around 92% above the average September 2023 terraced price in the Norwich local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

14 THE WILLOWS Sold Prices

Land registry data shows four sales for 14 THE WILLOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. All of the four 14 THE WILLOWS 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
2023 15 SEP	£489,000	£254,357	92% above HPI
2013 22 NOV	£247,500	£155,447	59% above HPI
2006 20 OCT	£227,000	£145,982	55% above HPI
2002 31 MAY	£195,000	£84,766	130% above HPI

14 THE WILLOWS 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 four 14 THE WILLOWS sales between May 2002 and September 2023 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 2013 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the September 2023 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might 14 THE WILLOWS be worth now?

14 THE WILLOWS might now be worth an estimated £501,514.

This is based on house price inflation of 2.6%, between September 2023 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 2.6% inflationary increase is applied to the most recent sale price for 14 THE WILLOWS of £489,000 on 15th September 2023. For the value to have increased from £489,000 to £501,514 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 14 THE WILLOWS has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The September 2023 sale price of £489,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE WILLOWS has not materially changed since September 2023.

How Large is 14 THE WILLOWS?

14 THE WILLOWS is 139m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 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 14 THE WILLOWS lies on this distribution: 74% of terraced houses houses are smaller than 14 THE WILLOWS, and 25% of houses are larger. Note that EPC data is not available for all properties in Norwich.

14 THE WILLOWS: Plot and Title Map

14 THE WILLOWS sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 14 THE WILLOWS, 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 14 THE WILLOWS). 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 14 THE WILLOWS?

14 THE WILLOWS is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 14 on THE WILLOWS.