15, SHIPFIELD, NORWICH, NR3 4DX - £215,000

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.

15 SHIPFIELD is a small detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £250,542. It was last sold for £215,000 in October 2018, which was around 46% below the average October 2018 detached price in the Norwich 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.

15 SHIPFIELD Sold Prices

Land registry data shows two sales for 15 SHIPFIELD since 1^st 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 15 SHIPFIELD 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
2018 26 OCT	£215,000	£396,528	46% below HPI
1998 9 APR	£50,500	£90,300	44% below HPI

15 SHIPFIELD 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 15 SHIPFIELD sales from April 1998 and October 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 April 1998 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 15 SHIPFIELD be worth now?

15 SHIPFIELD might now be worth an estimated £250,542.

This is based on house price inflation of 16.5%, between October 2018 and February 2025, for detached 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 16.5% inflationary increase is applied to the most recent sale price for 15 SHIPFIELD of £215,000 on 26th October 2018. For the value to have increased from £215,000 to £250,542 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 SHIPFIELD has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHIPFIELD has not materially changed since October 2018.

How Large is 15 SHIPFIELD?

15 SHIPFIELD is 91m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 15 SHIPFIELD lies on this distribution: 31% of detached houses houses are smaller than 15 SHIPFIELD, and 68% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 SHIPFIELD: Plot and Title Map

15 SHIPFIELD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 15 SHIPFIELD, 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 15 SHIPFIELD). 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 15 SHIPFIELD?

15 SHIPFIELD is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 15 on SHIPFIELD.