459, DEREHAM ROAD, NEW COSTESSEY, NORWICH, NR5 0SQ - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

459 DEREHAM ROAD is a very large extended detached house of 157m², built sometime between 1983 and 1990. It was last sold for £415,000 in August 2023, which was around 1% above the average August 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

459 DEREHAM ROAD Sold Prices

Land registry data shows three sales for 459 DEREHAM ROAD 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 459 DEREHAM ROAD sales were 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
2023 18 AUG	£415,000	£410,472	1% above HPI
2012 5 NOV	£245,000	£239,623	2% above HPI
1999 26 MAR	£110,000	£84,506	30% above HPI

459 DEREHAM ROAD 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 459 DEREHAM ROAD sales between March 1999 and August 2023 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 November 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 459 DEREHAM ROAD?

459 DEREHAM ROAD is 157m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 459 DEREHAM ROAD lies on this distribution: 84% of detached houses are smaller than 459 DEREHAM ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Norwich.

459 DEREHAM ROAD: Plot and Title Map

459 DEREHAM ROAD sits on a plot of roughly 0.214 of an acre, or 868m². The below map shows the location of 459 DEREHAM ROAD, 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 459 DEREHAM ROAD). 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 459 DEREHAM ROAD?

459 DEREHAM ROAD is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 459 on DEREHAM ROAD.