42, LOCKSLEY ROAD, NORWICH, NR4 6LE - £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.

42 LOCKSLEY ROAD is a small semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £257,023. It was last sold for £268,000 in October 2022, which was around 10% below the average October 2022 semi-detached price in the Norwich local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

42 LOCKSLEY ROAD Sold Prices

Land registry data shows three sales for 42 LOCKSLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. All of the three 42 LOCKSLEY ROAD 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
2022 28 OCT	£268,000	£299,083	10% below HPI
2004 17 DEC	£121,000	£141,882	15% below HPI
1998 9 NOV	£51,000	£53,523	5% below HPI

42 LOCKSLEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The three 42 LOCKSLEY ROAD sales between November 1998 and October 2022 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 42 LOCKSLEY ROAD be worth now?

42 LOCKSLEY ROAD might now be worth an estimated £257,023.

This is based on house price deflation of 4.1%, between October 2022 and October 2025, for semi-detached 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 4.1% deflationary decrease is applied to the most recent sale price for 42 LOCKSLEY ROAD of £268,000 on 28th October 2022. For the value to have decreased from £268,000 to £257,023 over the three years to October 2025, the following assumptions must hold true:

• The value of 42 LOCKSLEY ROAD has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The October 2022 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 42 LOCKSLEY ROAD has not materially changed since October 2022.

How Large is 42 LOCKSLEY ROAD?

42 LOCKSLEY ROAD is 83m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 42 LOCKSLEY ROAD lies on this distribution: 21% of semi-detached houses houses are smaller than 42 LOCKSLEY ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Norwich.

42 LOCKSLEY ROAD: Plot and Title Map

42 LOCKSLEY ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 42 LOCKSLEY 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 42 LOCKSLEY 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 42 LOCKSLEY ROAD?

42 LOCKSLEY ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 42 on LOCKSLEY ROAD.