2, CASTELINS WAY, MULBARTON, NORWICH, NR14 8GH - £427,500

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.

2 CASTELINS WAY is a large detached house of 162m², which could now be worth an estimated £673,675. It was last sold for £427,500 in May 2015, which was around 53% above the average May 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

2 CASTELINS WAY Sold Prices

Land registry data shows two sales for 2 CASTELINS 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 2 CASTELINS 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
2015 14 MAY	£427,500	£279,275	53% above HPI
2012 27 APR	£375,000	£232,356	61% above HPI

2 CASTELINS 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 2 CASTELINS WAY sales from April 2012 and May 2015 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 2012 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the May 2015 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 2 CASTELINS WAY be worth now?

2 CASTELINS WAY might now be worth an estimated £673,675.

This is based on house price inflation of 57.6%, between May 2015 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 57.6% inflationary increase is applied to the most recent sale price for 2 CASTELINS WAY of £427,500 on 14th May 2015. For the value to have increased from £427,500 to £673,675 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CASTELINS WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2015 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CASTELINS WAY has not materially changed since May 2015.

How Large is 2 CASTELINS WAY?

2 CASTELINS WAY is 162m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 2 CASTELINS WAY lies on this distribution: 78% of detached houses houses are smaller than 2 CASTELINS WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

2 CASTELINS WAY: Plot and Title Map

2 CASTELINS WAY sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 2 CASTELINS 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 2 CASTELINS 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 2 CASTELINS WAY?

2 CASTELINS WAY is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 2 on CASTELINS WAY.