11, HEDGEMERE, TAVERHAM, NORWICH, NR8 6GG - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 HEDGEMERE is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £325,000 in March 2020, which was around 5% below the average March 2020 detached price in the Broadland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

11 HEDGEMERE Sold Prices

Land registry data shows four sales for 11 HEDGEMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 11 HEDGEMERE 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
2020 9 MAR	£325,000	£342,806	5% below HPI
2007 2 MAR	£221,000	£246,590	10% below HPI
2003 9 DEC	£181,000	£193,979	7% below HPI
1998 28 AUG	£89,500	£86,573	3% above HPI

11 HEDGEMERE 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 four 11 HEDGEMERE sales between August 1998 and March 2020 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2020 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 11 HEDGEMERE?

11 HEDGEMERE is 111m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 11 HEDGEMERE lies on this distribution: 47% of detached houses are smaller than 11 HEDGEMERE, and 52% of houses are larger. Note that EPC data is not available for all properties in Taverham.

11 HEDGEMERE: Plot and Title Map

11 HEDGEMERE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 11 HEDGEMERE, 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 11 HEDGEMERE). 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 11 HEDGEMERE?

11 HEDGEMERE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 11 on HEDGEMERE.