8, ROUNDWAY DOWN, NORWICH, NR7 0NR - £230,000

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.

8 ROUNDWAY DOWN is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £302,346. It was last sold for £230,000 in August 2016, which was around 27% below the average August 2016 detached price in the Broadland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

8 ROUNDWAY DOWN Sold Prices

Land registry data shows five sales for 8 ROUNDWAY DOWN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 8 ROUNDWAY DOWN 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
2016 26 AUG	£230,000	£317,231	27% below HPI
2014 10 MAR	£193,000	£255,651	25% below HPI
2007 23 MAR	£179,950	£249,062	28% below HPI
2003 2 SEP	£135,000	£200,799	33% below HPI
1995 13 OCT	£64,750	£75,425	14% below HPI

8 ROUNDWAY DOWN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The five 8 ROUNDWAY DOWN sales between October 1995 and August 2016 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 March 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 ROUNDWAY DOWN be worth now?

8 ROUNDWAY DOWN might now be worth an estimated £302,346.

This is based on house price inflation of 31.5%, between August 2016 and October 2025, for detached 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 31.5% inflationary increase is applied to the most recent sale price for 8 ROUNDWAY DOWN of £230,000 on 26th August 2016. For the value to have increased from £230,000 to £302,346 over the eight years and ten months to October 2025, the following assumptions must hold true:

• The value of 8 ROUNDWAY DOWN has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2016 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ROUNDWAY DOWN has not materially changed since August 2016.

How Large is 8 ROUNDWAY DOWN?

8 ROUNDWAY DOWN is 71m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 8 ROUNDWAY DOWN lies on this distribution: 10% of detached houses houses are smaller than 8 ROUNDWAY DOWN, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 ROUNDWAY DOWN: Plot and Title Map

8 ROUNDWAY DOWN sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 ROUNDWAY DOWN, 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 8 ROUNDWAY DOWN). 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 8 ROUNDWAY DOWN?

8 ROUNDWAY DOWN is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 8 on ROUNDWAY DOWN.