1, SPRINGFIELD WAY, HINGHAM, NORWICH, NR9 4PR - £380,000

1 SPRINGFIELD WAY is a large extended detached house of 142m², built sometime between 2003 and 2006. It was last sold for £380,000 in September 2018, which was around 12% above the average September 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

1 SPRINGFIELD WAY Sold Prices

Land registry data shows two sales for 1 SPRINGFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 1 SPRINGFIELD WAY sales was for above the average price, whilst the other was 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
2018 27 SEP	£380,000	£340,391	12% above HPI
2003 24 JAN	£170,000	£177,102	4% below HPI

1 SPRINGFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 SPRINGFIELD WAY sales from January 2003 and September 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 January 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1 SPRINGFIELD WAY?

1 SPRINGFIELD WAY is 142m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of detached houses in Hingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hingham, and where 1 SPRINGFIELD WAY lies on this distribution: 78% of detached houses are smaller than 1 SPRINGFIELD WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Hingham.

1 SPRINGFIELD WAY: Plot and Title Map

1 SPRINGFIELD WAY sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 1 SPRINGFIELD WAY, 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 1 SPRINGFIELD WAY). 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 1 SPRINGFIELD WAY?

1 SPRINGFIELD WAY is located in HINGHAM, in the NR9 postcode district. The below map shows the position of No. 1 on SPRINGFIELD WAY.