7, CHEYHAM MOUNT, NORWICH, NR4 6HJ - £415,000

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.

7 CHEYHAM MOUNT is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £464,654. It was last sold for £415,000 in November 2020, which was around 1% above the average November 2020 detached price in the Norwich local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

7 CHEYHAM MOUNT Sold Prices

Land registry data shows two sales for 7 CHEYHAM MOUNT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. One of the two 7 CHEYHAM MOUNT 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
2020 3 NOV	£415,000	£412,700	1% above HPI
2015 11 SEP	£255,000	£335,320	24% below HPI

7 CHEYHAM MOUNT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 7 CHEYHAM MOUNT sales from September 2015 and November 2020 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 September 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 CHEYHAM MOUNT be worth now?

7 CHEYHAM MOUNT might now be worth an estimated £464,654.

This is based on house price inflation of 12%, between November 2020 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12% inflationary increase is applied to the most recent sale price for 7 CHEYHAM MOUNT of £415,000 on 3rd November 2020. For the value to have increased from £415,000 to £464,654 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 CHEYHAM MOUNT has moved in line with the HPI for detached houses in the Norwich local authority area.
• The November 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHEYHAM MOUNT has not materially changed since November 2020.

How Large is 7 CHEYHAM MOUNT?

7 CHEYHAM MOUNT is 115m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 7 CHEYHAM MOUNT lies on this distribution: 57% of detached houses houses are smaller than 7 CHEYHAM MOUNT, and 42% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 CHEYHAM MOUNT: Plot and Title Map

7 CHEYHAM MOUNT sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 7 CHEYHAM MOUNT, 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 7 CHEYHAM MOUNT). 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 7 CHEYHAM MOUNT?

7 CHEYHAM MOUNT is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 7 on CHEYHAM MOUNT.