50, THE STREET, COSTESSEY, NORWICH, NR8 5DD - £590,000

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

50 THE STREET is a small extended detached house of 119m², built sometime before 1900. It was last sold for £590,000 in January 2023, which was around 39% above the average January 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

50 THE STREET Sold Prices

Land registry data shows two sales for 50 THE STREET 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 50 THE STREET 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
2023 9 JAN	£590,000	£425,576	39% above HPI
1997 31 JAN	£65,000	£75,748	14% below HPI

50 THE STREET 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 50 THE STREET sales from January 1997 and January 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 January 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 50 THE STREET?

50 THE STREET is 119m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 50 THE STREET lies on this distribution: 36% of detached houses are smaller than 50 THE STREET, and 63% of houses are larger. Note that EPC data is not available for all properties in Costessey.

50 THE STREET: Plot and Title Map

50 THE STREET sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 50 THE STREET, 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 50 THE STREET). 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 50 THE STREET?

50 THE STREET is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 50 on THE STREET.