3, SPRINGFIELD WAY, HINGHAM, NORWICH, NR9 4PR - £173,000

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 SPRINGFIELD WAY is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £309,215. It was last sold for £173,000 in May 2013, which was around 30% below the average May 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

3 SPRINGFIELD WAY Sold Prices

Land registry data shows three sales for 3 SPRINGFIELD 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 SPRINGFIELD WAY 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
2013 10 MAY	£173,000	£246,225	30% below HPI
2004 15 APR	£155,000	£197,740	22% below HPI
2001 3 AUG	£101,000	£140,416	28% below HPI

3 SPRINGFIELD 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 SPRINGFIELD WAY sales between August 2001 and May 2013 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 April 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 SPRINGFIELD WAY be worth now?

3 SPRINGFIELD WAY might now be worth an estimated £309,215.

This is based on house price inflation of 78.7%, between May 2013 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 78.7% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD WAY of £173,000 on 10th May 2013. For the value to have increased from £173,000 to £309,215 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 3 SPRINGFIELD WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2013 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD WAY has not materially changed since May 2013.

How Large is 3 SPRINGFIELD WAY?

3 SPRINGFIELD WAY is 74m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 20% of detached houses houses in Hingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hingham, and where 3 SPRINGFIELD WAY lies on this distribution: 16% of detached houses houses are smaller than 3 SPRINGFIELD WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Hingham.

3 SPRINGFIELD WAY: Plot and Title Map

3 SPRINGFIELD WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 3 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD WAY?

3 SPRINGFIELD WAY is located in HINGHAM, in the NR9 postcode district. The below map shows the position of No. 3 on SPRINGFIELD WAY.