2, NEWSTEAD GARDENS, BLOFIELD, NORWICH, NR13 4FN - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NEWSTEAD GARDENS is a large detached house of 152m², which could now be worth an estimated £596,564. It was last sold for £500,000 in December 2020, which was around 39% above the average December 2020 detached price in the Broadland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

2 NEWSTEAD GARDENS Sold Prices

Land registry data shows two sales for 2 NEWSTEAD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 2 NEWSTEAD GARDENS 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
2020 11 DEC	£500,000	£359,812	39% above HPI
2018 26 OCT	£480,000	£342,801	40% above HPI

2 NEWSTEAD GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 2 NEWSTEAD GARDENS sales from October 2018 and December 2020 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 October 2018 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2020 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 NEWSTEAD GARDENS be worth now?

2 NEWSTEAD GARDENS might now be worth an estimated £596,564.

This is based on house price inflation of 19.3%, between December 2020 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 2 NEWSTEAD GARDENS of £500,000 on 11th December 2020. For the value to have increased from £500,000 to £596,564 over the four years to December 2024, the following assumptions must hold true:

• The value of 2 NEWSTEAD GARDENS has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWSTEAD GARDENS has not materially changed since December 2020.

How Large is 2 NEWSTEAD GARDENS?

2 NEWSTEAD GARDENS is 152m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Blofield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield, and where 2 NEWSTEAD GARDENS lies on this distribution: 69% of detached houses houses are smaller than 2 NEWSTEAD GARDENS, and 30% of houses are larger. Note that EPC data is not available for all properties in Blofield.

2 NEWSTEAD GARDENS: Plot and Title Map

2 NEWSTEAD GARDENS sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 2 NEWSTEAD GARDENS, 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 NEWSTEAD GARDENS). 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 NEWSTEAD GARDENS?

2 NEWSTEAD GARDENS is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 2 on NEWSTEAD GARDENS.