5, WATERSIDE GARDENS, NEWTON FLOTMAN, NORWICH, NR15 1PA - £245,000

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.

5 WATERSIDE GARDENS is a large extended detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £449,075. It was last sold for £245,000 in May 2011, which was around 2% above the average May 2011 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

5 WATERSIDE GARDENS Sold Prices

Land registry data shows two sales for 5 WATERSIDE GARDENS 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 5 WATERSIDE GARDENS sales was for above the average price, whilst the other was 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
2011 13 MAY	£245,000	£240,101	2% above HPI
2006 14 AUG	£209,950	£246,376	15% below HPI

5 WATERSIDE GARDENS 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 5 WATERSIDE GARDENS sales from August 2006 and May 2011 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 August 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2011 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 WATERSIDE GARDENS be worth now?

5 WATERSIDE GARDENS might now be worth an estimated £449,075.

This is based on house price inflation of 83.3%, between May 2011 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 83.3% inflationary increase is applied to the most recent sale price for 5 WATERSIDE GARDENS of £245,000 on 13th May 2011. For the value to have increased from £245,000 to £449,075 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 5 WATERSIDE GARDENS has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WATERSIDE GARDENS has not materially changed since May 2011.

How Large is 5 WATERSIDE GARDENS?

5 WATERSIDE GARDENS is 134m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where 5 WATERSIDE GARDENS lies on this distribution: 77% of detached houses houses are smaller than 5 WATERSIDE GARDENS, and 23% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

5 WATERSIDE GARDENS: Plot and Title Map

5 WATERSIDE GARDENS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 5 WATERSIDE GARDENS, 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 5 WATERSIDE GARDENS). 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 5 WATERSIDE GARDENS?

5 WATERSIDE GARDENS is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 5 on WATERSIDE GARDENS.