3, HINSHALWOOD WAY, COSTESSEY, NORWICH, NR8 5BN - £352,000

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 HINSHALWOOD WAY is a large extended detached house of 168m², built sometime between 1991 and 1995, which could now be worth an estimated £577,525. It was last sold for £352,000 in June 2014, which was around 31% above the average June 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

3 HINSHALWOOD WAY Sold Prices

Land registry data shows three sales for 3 HINSHALWOOD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 3 HINSHALWOOD 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
2014 23 JUN	£352,000	£268,237	31% above HPI
2003 23 MAY	£327,500	£188,872	73% above HPI
1995 12 JAN	£175,000	£80,568	117% above HPI

3 HINSHALWOOD 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 three 3 HINSHALWOOD WAY sales between January 1995 and June 2014 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 May 2003 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the June 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 HINSHALWOOD WAY be worth now?

3 HINSHALWOOD WAY might now be worth an estimated £577,525.

This is based on house price inflation of 64.1%, between June 2014 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 64.1% inflationary increase is applied to the most recent sale price for 3 HINSHALWOOD WAY of £352,000 on 23rd June 2014. For the value to have increased from £352,000 to £577,525 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 3 HINSHALWOOD WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2014 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HINSHALWOOD WAY has not materially changed since June 2014.

How Large is 3 HINSHALWOOD WAY?

3 HINSHALWOOD WAY is 168m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where 3 HINSHALWOOD WAY lies on this distribution: 78% of detached houses houses are smaller than 3 HINSHALWOOD WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Costessey.

3 HINSHALWOOD WAY: Plot and Title Map

3 HINSHALWOOD WAY sits on a plot of roughly 0.313 of an acre, or 1,268m². The below map shows the location of 3 HINSHALWOOD 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 HINSHALWOOD 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 HINSHALWOOD WAY?

3 HINSHALWOOD WAY is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 3 on HINSHALWOOD WAY.