3, WOOD HILL, TAVERHAM, NORWICH, NR8 6PE - £230,000

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 WOOD HILL is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £329,856. It was last sold for £230,000 in December 2015, which was around 23% below the average December 2015 detached price in the Broadland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

3 WOOD HILL Sold Prices

Land registry data shows three sales for 3 WOOD HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 3 WOOD HILL 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
2015 8 DEC	£230,000	£299,341	23% below HPI
2006 8 DEC	£183,000	£246,582	26% below HPI
1995 20 JAN	£55,000	£73,206	25% below HPI

3 WOOD HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 3 WOOD HILL sales between January 1995 and December 2015 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 December 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 WOOD HILL be worth now?

3 WOOD HILL might now be worth an estimated £329,856.

This is based on house price inflation of 43.4%, between December 2015 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.4% inflationary increase is applied to the most recent sale price for 3 WOOD HILL of £230,000 on 8th December 2015. For the value to have increased from £230,000 to £329,856 over the nine years to December 2024, the following assumptions must hold true:

• The value of 3 WOOD HILL has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOOD HILL has not materially changed since December 2015.

How Large is 3 WOOD HILL?

3 WOOD HILL is 87m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 3 WOOD HILL lies on this distribution: 17% of detached houses houses are smaller than 3 WOOD HILL, and 82% of houses are larger. Note that EPC data is not available for all properties in Taverham.

3 WOOD HILL: Plot and Title Map

3 WOOD HILL sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 WOOD HILL, 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 WOOD HILL). 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 WOOD HILL?

3 WOOD HILL is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 3 on WOOD HILL.