16, THE HEDGEROWS, NORWICH, NR5 9BP - £220,000

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 THE HEDGEROWS is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £220,000 in June 2014, which was around 26% below the average June 2014 detached price in the Norwich local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

16 THE HEDGEROWS Sold Prices

Land registry data shows three sales for 16 THE HEDGEROWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 16 THE HEDGEROWS 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
2014 23 JUN	£220,000	£296,440	26% below HPI
2010 23 FEB	£181,000	£256,183	29% below HPI
1995 10 MAR	£52,000	£72,991	29% below HPI

16 THE HEDGEROWS 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 three 16 THE HEDGEROWS sales between March 1995 and June 2014 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 February 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 THE HEDGEROWS?

16 THE HEDGEROWS is 114m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 16 THE HEDGEROWS lies on this distribution: 56% of detached houses are smaller than 16 THE HEDGEROWS, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 THE HEDGEROWS: Plot and Title Map

16 THE HEDGEROWS sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 16 THE HEDGEROWS, 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 THE HEDGEROWS). 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 THE HEDGEROWS?

16 THE HEDGEROWS is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 16 on THE HEDGEROWS.