4, THE CORN WAREHOUSE, BRACONDALE MILLGATE, NORWICH, NR1 2FD - £268,000

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.

4 THE CORN WAREHOUSE is a very large extended terraced house of 154m², built sometime between 1991 and 1995, which could now be worth an estimated £559,606. It was last sold for £268,000 in August 2004, which was around 115% above the average August 2004 terraced price in the Norwich local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE CORN WAREHOUSE Sold Prices

Land registry data shows two sales for 4 THE CORN WAREHOUSE 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 4 THE CORN WAREHOUSE 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
2004 6 AUG	£268,000	£124,931	115% above HPI
2002 20 DEC	£210,000	£98,158	114% above HPI

4 THE CORN WAREHOUSE 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 4 THE CORN WAREHOUSE sales from December 2002 and August 2004 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 December 2002 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the August 2004 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 4 THE CORN WAREHOUSE be worth now?

4 THE CORN WAREHOUSE might now be worth an estimated £559,606.

This is based on house price inflation of 108.8%, between August 2004 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 108.8% inflationary increase is applied to the most recent sale price for 4 THE CORN WAREHOUSE of £268,000 on 6th August 2004. For the value to have increased from £268,000 to £559,606 over the 22 years and three months to May 2026, the following assumptions must hold true:

• The value of 4 THE CORN WAREHOUSE has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The August 2004 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE CORN WAREHOUSE has not materially changed since August 2004.

How Large is 4 THE CORN WAREHOUSE?

4 THE CORN WAREHOUSE is 154m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 4 THE CORN WAREHOUSE lies on this distribution: 83% of terraced houses houses are smaller than 4 THE CORN WAREHOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Norwich.

4 THE CORN WAREHOUSE: Plot and Title Map

4 THE CORN WAREHOUSE sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 4 THE CORN WAREHOUSE, 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 4 THE CORN WAREHOUSE). 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 4 THE CORN WAREHOUSE?

4 THE CORN WAREHOUSE is located on BRACONDALE MILLGATE in NORWICH, in the NR1 postcode district. The below map shows the position of 4 THE CORN WAREHOUSE on BRACONDALE MILLGATE.