3, HEMPSTED MEWS, NORWICH, NR5 9NL - £290,000

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

3 HEMPSTED MEWS is a large detached house of 118m², built sometime between 1983 and 1990. It was last sold for £290,000 in September 2017, which was around 22% below the average September 2017 detached price in the Norwich local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

3 HEMPSTED MEWS Sold Prices

Land registry data shows three sales for 3 HEMPSTED MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the three 3 HEMPSTED MEWS 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
2017 11 SEP	£290,000	£370,564	22% below HPI
2011 15 JUL	£216,000	£254,760	15% below HPI
2008 30 APR	£212,500	£281,117	24% below HPI

3 HEMPSTED MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 3 HEMPSTED MEWS sales between April 2008 and September 2017 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 HEMPSTED MEWS?

3 HEMPSTED MEWS is 118m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 HEMPSTED MEWS lies on this distribution: 61% of detached houses are smaller than 3 HEMPSTED MEWS, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 HEMPSTED MEWS: Plot and Title Map

3 HEMPSTED MEWS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 HEMPSTED MEWS, 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 HEMPSTED MEWS). 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 HEMPSTED MEWS?

3 HEMPSTED MEWS is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 3 on HEMPSTED MEWS.