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

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.

3 HEMPSTED MEWS is a large detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £350,731. It was last sold for £290,000 in September 2017, which was around 24% 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	£382,068	24% below HPI
2011 15 JUL	£216,000	£262,669	18% below HPI
2008 30 APR	£212,500	£289,845	27% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 HEMPSTED MEWS be worth now?

3 HEMPSTED MEWS might now be worth an estimated £350,731.

This is based on house price inflation of 20.9%, between September 2017 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 3 HEMPSTED MEWS of £290,000 on 11th September 2017. For the value to have increased from £290,000 to £350,731 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 HEMPSTED MEWS has moved in line with the HPI for detached houses in the Norwich local authority area.
• The September 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEMPSTED MEWS has not materially changed since September 2017.

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 houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 3 HEMPSTED MEWS lies on this distribution: 60% of detached houses 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.