9, NEWMARKET STREET, NORWICH, NR2 2DW - £222,000

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.

9 NEWMARKET STREET is a small extended terraced house of 88m², built sometime before 1900, which could now be worth an estimated £306,508. It was last sold for £222,000 in November 2015, which was around 24% above the average November 2015 terraced price in the Norwich local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

9 NEWMARKET STREET Sold Prices

Land registry data shows five sales for 9 NEWMARKET STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. All of the five 9 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
2015 12 NOV	£222,000	£178,573	24% above HPI
2007 5 JUL	£186,000	£162,403	15% above HPI
2000 15 DEC	£81,000	£62,980	29% above HPI
1998 4 SEP	£62,000	£45,922	35% above HPI
1995 31 MAY	£40,000	£37,976	5% above HPI

9 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 five 9 NEWMARKET STREET sales between May 1995 and November 2015 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 July 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2015 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 9 NEWMARKET STREET be worth now?

9 NEWMARKET STREET might now be worth an estimated £306,508.

This is based on house price inflation of 38.1%, between November 2015 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 38.1% inflationary increase is applied to the most recent sale price for 9 NEWMARKET STREET of £222,000 on 12th November 2015. For the value to have increased from £222,000 to £306,508 over the ten years and one month to October 2025, the following assumptions must hold true:

• The value of 9 NEWMARKET STREET has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The November 2015 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NEWMARKET STREET has not materially changed since November 2015.

How Large is 9 NEWMARKET STREET?

9 NEWMARKET STREET is 88m², which includes one extension, according to the EPC inspection conducted in January 2011. 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 9 NEWMARKET STREET lies on this distribution: 28% of terraced houses houses are smaller than 9 NEWMARKET STREET, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

9 NEWMARKET STREET: Plot and Title Map

9 NEWMARKET STREET sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 9 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 9 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 9 NEWMARKET STREET?

9 NEWMARKET STREET is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 9 on NEWMARKET STREET.