7, NEWMARKET STREET, NORWICH, NR2 2DW - £300,000

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.

7 NEWMARKET STREET is a small extended terraced house of 90m², built sometime before 1900, which could now be worth an estimated £290,047. It was last sold for £300,000 in March 2023, which was around 18% above the average March 2023 terraced price in the Norwich local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

7 NEWMARKET STREET Sold Prices

Land registry data shows three sales for 7 NEWMARKET STREET 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 7 NEWMARKET STREET 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
2023 27 MAR	£300,000	£255,010	18% above HPI
2001 19 JAN	£89,000	£63,629	40% above HPI
1998 14 MAY	£57,000	£43,471	31% above HPI

7 NEWMARKET STREET 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 7 NEWMARKET STREET sales between May 1998 and March 2023 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 January 2001 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 NEWMARKET STREET be worth now?

7 NEWMARKET STREET might now be worth an estimated £290,047.

This is based on house price deflation of 3.3%, between March 2023 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 3.3% deflationary decrease is applied to the most recent sale price for 7 NEWMARKET STREET of £300,000 on 27th March 2023. For the value to have decreased from £300,000 to £290,047 over the one year and five months to October 2025, the following assumptions must hold true:

• The value of 7 NEWMARKET STREET has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The March 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWMARKET STREET has not materially changed since March 2023.

How Large is 7 NEWMARKET STREET?

7 NEWMARKET STREET is 90m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% 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 7 NEWMARKET STREET lies on this distribution: 29% of terraced houses houses are smaller than 7 NEWMARKET STREET, and 69% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 NEWMARKET STREET: Plot and Title Map

7 NEWMARKET STREET sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 7 NEWMARKET STREET, 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 7 NEWMARKET STREET). 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 7 NEWMARKET STREET?

7 NEWMARKET STREET is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 7 on NEWMARKET STREET.