4, NURSERY LANE, COSTESSEY, NORWICH, NR8 5BU - £235,000

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.

4 NURSERY LANE is a large extended detached house of 155m², built sometime between 1991 and 1995, which could now be worth an estimated £393,272. It was last sold for £235,000 in January 2014, which was around 11% below the average January 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

4 NURSERY LANE Sold Prices

Land registry data shows two sales for 4 NURSERY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 4 NURSERY LANE sales was for below the average price, whilst the other was for above 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 15 JAN	£235,000	£262,979	11% below HPI
2001 27 APR	£144,950	£129,310	12% above HPI

4 NURSERY 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 two 4 NURSERY LANE sales from April 2001 and January 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 April 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 NURSERY LANE be worth now?

4 NURSERY LANE might now be worth an estimated £393,272.

This is based on house price inflation of 67.3%, between January 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 67.3% inflationary increase is applied to the most recent sale price for 4 NURSERY LANE of £235,000 on 15th January 2014. For the value to have increased from £235,000 to £393,272 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 NURSERY LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2014 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NURSERY LANE has not materially changed since January 2014.

How Large is 4 NURSERY LANE?

4 NURSERY LANE is 155m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where 4 NURSERY LANE lies on this distribution: 70% of detached houses houses are smaller than 4 NURSERY LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Costessey.

4 NURSERY LANE: Plot and Title Map

4 NURSERY LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 4 NURSERY 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 4 NURSERY 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 4 NURSERY LANE?

4 NURSERY LANE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 4 on NURSERY LANE.