THE BANK MANAGERS HOUSE, 10, WESTLEGATE, NORWICH, NR1 3LJ - £350,000

THE BANK MANAGERS HOUSE is a large extended detached house of 138m², built sometime before 1900. It was last sold for £350,000 in May 2018, which was around 6% below the average May 2018 detached price in the Norwich local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

THE BANK MANAGERS HOUSE Sold Prices

Land registry data shows two sales for THE BANK MANAGERS HOUSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two THE BANK MANAGERS HOUSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2018
11 MAY
£350,000£373,651
down arrow
6% below HPI
2008
17 MAR
£193,500£277,796
down arrow
30% below HPI

THE BANK MANAGERS HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two THE BANK MANAGERS HOUSE sales from March 2008 and May 2018 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 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

THE BANK MANAGERS HOUSE, 10, WESTLEGATE, NORWICH, NR1 3LJ: Price paid vs HM Land Registry's House Price Index

How Large is THE BANK MANAGERS HOUSE?

THE BANK MANAGERS HOUSE is 138m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where THE BANK MANAGERS HOUSE lies on this distribution: 74% of detached houses are smaller than THE BANK MANAGERS HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Norwich.

THE BANK MANAGERS HOUSE, 10, WESTLEGATE, NORWICH, NR1 3LJ: Size of property relative to detached houses in Norwich

THE BANK MANAGERS HOUSE: Plot and Title Map

THE BANK MANAGERS HOUSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of THE BANK MANAGERS HOUSE, 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 THE BANK MANAGERS HOUSE). 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.

THE BANK MANAGERS HOUSE, 10, WESTLEGATE, NORWICH, NR1 3LJ: Plot and title map

Where is THE BANK MANAGERS HOUSE?

THE BANK MANAGERS HOUSE is located on WESTLEGATE in NORWICH, in the NR1 postcode district. The below map shows the position of THE BANK MANAGERS HOUSE on WESTLEGATE.

THE BANK MANAGERS HOUSE, 10, WESTLEGATE, NORWICH, NR1 3LJ: Location map and indicative extent of plot

All sales of detached houses on WESTLEGATE

THE BANK MANAGERS HOUSE, 10, WESTLEGATE, NORWICH, NR1 3LJ
2018
11 MAY
£350,000
THE BANK MANAGERS HOUSE, 10, WESTLEGATE, NORWICH, NR1 3LJ
2008
17 MAR
£193,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.