48, BISHOPGATE, NORWICH, NR1 4AA - £345,000

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.

48 BISHOPGATE is a very large semi-detached house of 156m², built sometime between 1900 and 1929, which could now be worth an estimated £671,900. It was last sold for £345,000 in December 2009, which was around 120% above the average December 2009 semi-detached price in the Norwich local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

48 BISHOPGATE Sold Prices

Land registry data shows two sales for 48 BISHOPGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. One of the two 48 BISHOPGATE sales was for above the average price, whilst the other was 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
2009 1 DEC	£345,000	£156,664	120% above HPI
2007 9 FEB	£81,770	£174,344	53% below HPI

48 BISHOPGATE 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 two 48 BISHOPGATE sales from February 2007 and December 2009 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 February 2007 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the December 2009 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might 48 BISHOPGATE be worth now?

48 BISHOPGATE might now be worth an estimated £671,900.

This is based on house price inflation of 94.8%, between December 2009 and May 2026, 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 94.8% inflationary increase is applied to the most recent sale price for 48 BISHOPGATE of £345,000 on 1st December 2009. For the value to have increased from £345,000 to £671,900 over the seventeen years and seven months to May 2026, the following assumptions must hold true:

• The value of 48 BISHOPGATE has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The December 2009 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 48 BISHOPGATE has not materially changed since December 2009.

How Large is 48 BISHOPGATE?

48 BISHOPGATE is 156m² according to the EPC inspection conducted in July 2009. This puts it in the largest 20% 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 48 BISHOPGATE lies on this distribution: 84% of semi-detached houses houses are smaller than 48 BISHOPGATE, and 16% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 BISHOPGATE: Plot and Title Map

48 BISHOPGATE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 48 BISHOPGATE, 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 48 BISHOPGATE). 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 48 BISHOPGATE?

48 BISHOPGATE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 48 on BISHOPGATE.