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

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

19 CLEVES WAY is a very small detached house of 95m², built sometime between 2007 and 2011. It was last sold for £350,000 in October 2022, which was around 18% 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	£424,568	18% below HPI
2007 20 MAR	£187,950	£248,079	24% below HPI
2000 6 APR	£93,300	£107,350	13% below HPI
1997 19 SEP	£74,200	£78,704	6% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 19 CLEVES WAY lies on this distribution: 17% of detached 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.