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

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 HINSHALWOOD WAY is a large extended detached house of 168m², built sometime between 1991 and 1995. It was last sold for £352,000 in June 2014, which was around 35% 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	£260,087	35% above HPI
2003 23 MAY	£327,500	£183,133	79% above HPI
1995 12 JAN	£175,000	£78,120	124% 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 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the June 2014 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

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 in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 3 HINSHALWOOD WAY lies on this distribution: 77% of detached houses are smaller than 3 HINSHALWOOD WAY, and 23% 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.