19, CLEVES WAY, COSTESSEY, NORWICH, NR8 5EN - £350,000

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.

19 CLEVES WAY is a very small detached house of 95m², built sometime between 2007 and 2011, which could now be worth an estimated £351,777. It was last sold for £350,000 in October 2022, which was around 20% below the average October 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

19 CLEVES WAY Sold Prices

Land registry data shows four sales for 19 CLEVES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 19 CLEVES WAY 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
2022 19 OCT	£350,000	£437,872	20% below HPI
2007 20 MAR	£187,950	£255,853	27% below HPI
2000 6 APR	£93,300	£110,714	16% below HPI
1997 19 SEP	£74,200	£81,170	9% below HPI

19 CLEVES 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 four 19 CLEVES WAY sales between September 1997 and October 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 March 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 19 CLEVES WAY be worth now?

19 CLEVES WAY might now be worth an estimated £351,777.

This is based on house price inflation of 0.5%, between October 2022 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% inflationary increase is applied to the most recent sale price for 19 CLEVES WAY of £350,000 on 19th October 2022. For the value to have increased from £350,000 to £351,777 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 19 CLEVES WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 19 CLEVES WAY has not materially changed since October 2022.

How Large is 19 CLEVES WAY?

19 CLEVES WAY is 95m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where 19 CLEVES WAY lies on this distribution: 17% of detached houses houses are smaller than 19 CLEVES WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Costessey.

19 CLEVES WAY: Plot and Title Map

19 CLEVES WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 19 CLEVES 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 19 CLEVES 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 19 CLEVES WAY?

19 CLEVES WAY is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 19 on CLEVES WAY.