16, HINSHALWOOD WAY, COSTESSEY, NORWICH, NR8 5BN - £537,000

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

16 HINSHALWOOD WAY is a large detached house of 149m², built sometime between 1991 and 1995. It was last sold for £537,000 in June 2022, which was around 33% above the average June 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

16 HINSHALWOOD WAY Sold Prices

Land registry data shows two sales for 16 HINSHALWOOD 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. Both of the two 16 HINSHALWOOD WAY sales were for above 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
2022 17 JUN	£537,000	£404,288	33% above HPI
1997 24 JUN	£137,463	£79,111	74% above HPI

16 HINSHALWOOD 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 16 HINSHALWOOD WAY sales from June 1997 and June 2022 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 June 1997 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2022 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 16 HINSHALWOOD WAY?

16 HINSHALWOOD WAY is 149m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 16 HINSHALWOOD WAY lies on this distribution: 63% of detached houses are smaller than 16 HINSHALWOOD WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Costessey.

16 HINSHALWOOD WAY: Plot and Title Map

16 HINSHALWOOD WAY sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 16 HINSHALWOOD 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 16 HINSHALWOOD 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 16 HINSHALWOOD WAY?

16 HINSHALWOOD WAY is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 16 on HINSHALWOOD WAY.