3, STONE LANE, HINGHAM, NORWICH, NR9 4LH - £455,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 STONE LANE is a midsized detached house of 110m², built sometime before 1900, which could now be worth an estimated £480,873. It was last sold for £455,000 in July 2022, which was around 9% above the average July 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

3 STONE LANE Sold Prices

Land registry data shows three sales for 3 STONE LANE 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. Two of the three 3 STONE LANE sales were for above the average price, whilst one was 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
2022 14 JUL	£455,000	£416,416	9% above HPI
2015 18 AUG	£277,500	£286,925	3% below HPI
2004 16 JUL	£227,500	£215,228	6% above HPI

3 STONE LANE 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 STONE LANE sales between July 2004 and July 2022 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 August 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 STONE LANE be worth now?

3 STONE LANE might now be worth an estimated £480,873.

This is based on house price inflation of 5.7%, between July 2022 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 5.7% inflationary increase is applied to the most recent sale price for 3 STONE LANE of £455,000 on 14th July 2022. For the value to have increased from £455,000 to £480,873 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 3 STONE LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The July 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STONE LANE has not materially changed since July 2022.

How Large is 3 STONE LANE?

3 STONE LANE is 110m² according to the EPC inspection conducted in December 2013. This puts it in the largest 50% 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 STONE LANE lies on this distribution: 56% of detached houses houses are smaller than 3 STONE LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Hingham.

3 STONE LANE: Plot and Title Map

3 STONE LANE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 STONE LANE, 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 STONE LANE). 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 STONE LANE?

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