62A, SALHOUSE ROAD, RACKHEATH, NORWICH, NR13 6AA - £324,000

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.

62A SALHOUSE ROAD is a large terraced house of 124m², built sometime between 2003 and 2006, which could now be worth an estimated £485,882. It was last sold for £324,000 in October 2014, which was around 116% above the average October 2014 terraced price in the Broadland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

62A SALHOUSE ROAD Sold Prices

Land registry data shows three sales for 62A SALHOUSE 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 Broadland local authority area for the corresponding sale date. Two of the three 62A SALHOUSE ROAD sales were for above the average price, whilst one 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
2014 3 OCT	£324,000	£149,953	116% above HPI
2007 28 FEB	£268,500	£140,439	91% above HPI
2005 17 AUG	£100,000	£122,948	19% below HPI

62A SALHOUSE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The three 62A SALHOUSE ROAD sales between August 2005 and October 2014 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 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the October 2014 sale, where it rises to 116% above the HPI. The line then continues to track at 116% above the HPI.

What might 62A SALHOUSE ROAD be worth now?

62A SALHOUSE ROAD might now be worth an estimated £485,882.

This is based on house price inflation of 50%, between October 2014 and October 2025, for terraced houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50% inflationary increase is applied to the most recent sale price for 62A SALHOUSE ROAD of £324,000 on 3rd October 2014. For the value to have increased from £324,000 to £485,882 over the eleven years to October 2025, the following assumptions must hold true:

• The value of 62A SALHOUSE ROAD has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The October 2014 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 62A SALHOUSE ROAD has not materially changed since October 2014.

How Large is 62A SALHOUSE ROAD?

62A SALHOUSE ROAD is 124m² according to the EPC inspection conducted in November 2011. This puts it in the largest 40% of terraced houses houses in Rackheath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rackheath, and where 62A SALHOUSE ROAD lies on this distribution: 65% of terraced houses houses are smaller than 62A SALHOUSE ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

62A SALHOUSE ROAD: Plot and Title Map

62A SALHOUSE ROAD sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of 62A SALHOUSE 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 62A SALHOUSE 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 62A SALHOUSE ROAD?

62A SALHOUSE ROAD is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 62A on SALHOUSE ROAD.