3, THE LINNETS, NEW COSTESSEY, NORWICH, NR5 0RY - £187,500

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 THE LINNETS is a very small detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £289,030. It was last sold for £187,500 in October 2014, which was around 34% below the average October 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

3 THE LINNETS Sold Prices

Land registry data shows three sales for 3 THE LINNETS 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 THE LINNETS 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
2014 17 OCT	£187,500	£285,499	34% below HPI
2007 27 JUN	£177,000	£261,409	32% below HPI
1995 3 MAR	£58,950	£75,689	22% below HPI

3 THE LINNETS 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 THE LINNETS sales between March 1995 and October 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 June 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 THE LINNETS be worth now?

3 THE LINNETS might now be worth an estimated £289,030.

This is based on house price inflation of 54.1%, between October 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 54.1% inflationary increase is applied to the most recent sale price for 3 THE LINNETS of £187,500 on 17th October 2014. For the value to have increased from £187,500 to £289,030 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 THE LINNETS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2014 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE LINNETS has not materially changed since October 2014.

How Large is 3 THE LINNETS?

3 THE LINNETS is 62m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% 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 THE LINNETS lies on this distribution: 4% of detached houses houses are smaller than 3 THE LINNETS, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 THE LINNETS: Plot and Title Map

3 THE LINNETS sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 3 THE LINNETS, 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 THE LINNETS). 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 THE LINNETS?

3 THE LINNETS is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 3 on THE LINNETS.