48, CITY ROAD, NORWICH, NR1 3AU - £240,000

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 CITY ROAD is a large terraced house of 125m², built sometime before 1900, which could now be worth an estimated £465,445. It was last sold for £240,000 in January 2009, which was around 89% above the average January 2009 terraced price in the Norwich local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was E.

48 CITY ROAD Sold Prices

Land registry data shows three sales for 48 CITY ROAD 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 48 CITY ROAD 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
2009 30 JAN	£240,000	£127,130	89% above HPI
2004 2 APR	£235,000	£116,858	101% above HPI
1999 5 FEB	£85,000	£46,365	83% above HPI

48 CITY ROAD 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 48 CITY ROAD sales between February 1999 and January 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 April 2004 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the January 2009 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 48 CITY ROAD be worth now?

48 CITY ROAD might now be worth an estimated £465,445.

This is based on house price inflation of 93.9%, between January 2009 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 93.9% inflationary increase is applied to the most recent sale price for 48 CITY ROAD of £240,000 on 30th January 2009. For the value to have increased from £240,000 to £465,445 over the fifteen years and three months to October 2025, the following assumptions must hold true:

• The value of 48 CITY ROAD has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The January 2009 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CITY ROAD has not materially changed since January 2009.

How Large is 48 CITY ROAD?

48 CITY ROAD is 125m² according to the EPC inspection conducted in November 2008. This puts it in the largest 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 48 CITY ROAD lies on this distribution: 66% of terraced houses houses are smaller than 48 CITY ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 CITY ROAD: Plot and Title Map

48 CITY ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 48 CITY 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 48 CITY 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 48 CITY ROAD?

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