40, BISHOPGATE, NORWICH, NR1 4AA - £460,000

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.

40 BISHOPGATE is a very large terraced house of 128m², built sometime before 1900, which could now be worth an estimated £607,941. It was last sold for £460,000 in November 2017, which was around 133% above the average November 2017 terraced price in the Norwich local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

40 BISHOPGATE Sold Prices

Land registry data shows one sale for 40 BISHOPGATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Norwich local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 NOV	£460,000	£197,385	133% above HPI

What might 40 BISHOPGATE be worth now?

40 BISHOPGATE might now be worth an estimated £607,941.

This is based on house price inflation of 32.2%, between November 2017 and May 2026, 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 32.2% inflationary increase is applied to the most recent sale price for 40 BISHOPGATE of £460,000 on 24th November 2017. For the value to have increased from £460,000 to £607,941 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 40 BISHOPGATE has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The November 2017 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BISHOPGATE has not materially changed since November 2017.

How Large is 40 BISHOPGATE?

40 BISHOPGATE is 128m² according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of terraced houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses by size in Norwich, and where 40 BISHOPGATE lies on this distribution: 94% of terraced houses are smaller than 40 BISHOPGATE, and 6% of terraced houses are larger. Note that EPC data is not available for all properties in Norwich.

40 BISHOPGATE: Plot

40 BISHOPGATE sits on a plot of roughly 0.071 of an acre, or 287m².

Where is 40 BISHOPGATE?

40 BISHOPGATE is located in NORWICH, in the NR1 postcode district.