57, LION WOOD ROAD, NORWICH, NR1 4PT - £186,000

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.

57 LION WOOD ROAD is a very small extended terraced house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £230,972. It was last sold for £186,000 in August 2017, which was around 6% below the average August 2017 terraced price in the Norwich local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

57 LION WOOD ROAD Sold Prices

Land registry data shows four sales for 57 LION WOOD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. All of the four 57 LION WOOD 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
2017 15 AUG	£186,000	£198,545	6% below HPI
2016 2 SEP	£172,000	£193,736	11% below HPI
2005 15 AUG	£109,500	£130,354	16% below HPI
2001 23 NOV	£65,250	£72,123	10% below HPI

57 LION WOOD 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 four 57 LION WOOD ROAD sales between November 2001 and August 2017 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 September 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 57 LION WOOD ROAD be worth now?

57 LION WOOD ROAD might now be worth an estimated £230,972.

This is based on house price inflation of 24.2%, between August 2017 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 24.2% inflationary increase is applied to the most recent sale price for 57 LION WOOD ROAD of £186,000 on 15th August 2017. For the value to have increased from £186,000 to £230,972 over the seven years and ten months to October 2025, the following assumptions must hold true:

• The value of 57 LION WOOD ROAD has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The August 2017 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 57 LION WOOD ROAD has not materially changed since August 2017.

How Large is 57 LION WOOD ROAD?

57 LION WOOD ROAD is 78m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 57 LION WOOD ROAD lies on this distribution: 16% of terraced houses houses are smaller than 57 LION WOOD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Norwich.

57 LION WOOD ROAD: Plot and Title Map

57 LION WOOD ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 57 LION WOOD 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 57 LION WOOD 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 57 LION WOOD ROAD?

57 LION WOOD ROAD is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 57 on LION WOOD ROAD.