38, TAILOR PLACE, HETHERSETT, NORWICH, NR9 3GE - £222,000

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.

38 TAILOR PLACE is a very small semi-detached house of 57m², which could now be worth an estimated £256,698. It was last sold for £222,000 in September 2021, which was around 9% below the average September 2021 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

38 TAILOR PLACE Sold Prices

Land registry data shows two sales for 38 TAILOR PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 38 TAILOR PLACE 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
2021 29 SEP	£222,000	£245,036	9% below HPI
2018 29 OCT	£203,995	£224,217	9% below HPI

38 TAILOR PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 38 TAILOR PLACE sales from October 2018 and September 2021 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 October 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, which was also at 9% below the HPI.

What might 38 TAILOR PLACE be worth now?

38 TAILOR PLACE might now be worth an estimated £256,698.

This is based on house price inflation of 15.6%, between September 2021 and February 2025, for semi-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 15.6% inflationary increase is applied to the most recent sale price for 38 TAILOR PLACE of £222,000 on 29th September 2021. For the value to have increased from £222,000 to £256,698 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 TAILOR PLACE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The September 2021 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 38 TAILOR PLACE has not materially changed since September 2021.

How Large is 38 TAILOR PLACE?

38 TAILOR PLACE is 57m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hethersett, and where 38 TAILOR PLACE lies on this distribution: 1% of semi-detached houses houses are smaller than 38 TAILOR PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

38 TAILOR PLACE: Plot and Title Map

38 TAILOR PLACE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 38 TAILOR PLACE, 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 38 TAILOR PLACE). 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 38 TAILOR PLACE?

38 TAILOR PLACE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 38 on TAILOR PLACE.