18, PENNYROYAL, NORWICH, NR6 6JQ - £157,000

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.

18 PENNYROYAL is a small terraced house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £217,648. It was last sold for £157,000 in September 2015, which was around 12% below the average September 2015 terraced price in the Norwich local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

18 PENNYROYAL Sold Prices

Land registry data shows three sales for 18 PENNYROYAL 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 18 PENNYROYAL 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 4 SEP	£157,000	£177,848	12% below HPI
2007 19 OCT	£149,000	£164,660	10% below HPI
2004 28 JUN	£54,500	£120,960	55% below HPI

18 PENNYROYAL 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 18 PENNYROYAL sales between June 2004 and September 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 October 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 18 PENNYROYAL be worth now?

18 PENNYROYAL might now be worth an estimated £217,648.

This is based on house price inflation of 38.6%, between September 2015 and October 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 38.6% inflationary increase is applied to the most recent sale price for 18 PENNYROYAL of £157,000 on 4th September 2015. For the value to have increased from £157,000 to £217,648 over the nine years and eleven months to October 2025, the following assumptions must hold true:

• The value of 18 PENNYROYAL has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The September 2015 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PENNYROYAL has not materially changed since September 2015.

How Large is 18 PENNYROYAL?

18 PENNYROYAL is 91m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% 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 18 PENNYROYAL lies on this distribution: 31% of terraced houses houses are smaller than 18 PENNYROYAL, and 68% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 PENNYROYAL: Plot and Title Map

18 PENNYROYAL sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 18 PENNYROYAL, 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 18 PENNYROYAL). 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 18 PENNYROYAL?

18 PENNYROYAL is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 18 on PENNYROYAL.