3, CASTELINS WAY, MULBARTON, NORWICH, NR14 8GH - £276,000

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

3 CASTELINS WAY is a very large extended detached house of 199m², built sometime between 2003 and 2006, which could now be worth an estimated £483,246. It was last sold for £276,000 in August 2006, which was around 12% above the average August 2006 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

3 CASTELINS WAY Sold Prices

Land registry data shows two sales for 3 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 3 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
2006 4 AUG	£276,000	£246,376	12% above HPI
2004 30 JUL	£265,000	£215,228	23% above HPI

3 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 3 CASTELINS WAY sales from July 2004 and August 2006 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 July 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2006 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 CASTELINS WAY be worth now?

3 CASTELINS WAY might now be worth an estimated £483,246.

This is based on house price inflation of 75.1%, between August 2006 and December 2024, 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 75.1% inflationary increase is applied to the most recent sale price for 3 CASTELINS WAY of £276,000 on 4th August 2006. For the value to have increased from £276,000 to £483,246 over the seventeen years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 CASTELINS WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2006 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CASTELINS WAY has not materially changed since August 2006.

How Large is 3 CASTELINS WAY?

3 CASTELINS WAY is 199m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 3 CASTELINS WAY lies on this distribution: 88% of detached houses houses are smaller than 3 CASTELINS WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

3 CASTELINS WAY: Plot and Title Map

3 CASTELINS WAY sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 3 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 3 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 3 CASTELINS WAY?

3 CASTELINS WAY is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 3 on CASTELINS WAY.