7, HEDGEMERE, TAVERHAM, NORWICH, NR8 6GG - £300,000

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

7 HEDGEMERE is a very small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £300,000 in June 2019, which was around 12% below the average June 2019 detached price in the Broadland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

7 HEDGEMERE Sold Prices

Land registry data shows five sales for 7 HEDGEMERE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 7 HEDGEMERE sales were 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
2019 12 JUN	£300,000	£342,323	12% below HPI
2006 13 SEP	£199,950	£239,325	16% below HPI
2003 30 JAN	£147,000	£181,322	19% below HPI
2000 5 JUN	£99,950	£106,661	6% below HPI
1998 18 DEC	£78,500	£84,492	7% below HPI

7 HEDGEMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The five 7 HEDGEMERE sales between December 1998 and June 2019 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 HEDGEMERE?

7 HEDGEMERE is 89m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 7 HEDGEMERE lies on this distribution: 19% of detached houses are smaller than 7 HEDGEMERE, and 80% of houses are larger. Note that EPC data is not available for all properties in Taverham.

7 HEDGEMERE: Plot and Title Map

7 HEDGEMERE sits on a plot of roughly 0.071 of an acre, or 285m². The below map shows the location of 7 HEDGEMERE, 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 HEDGEMERE). 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 HEDGEMERE?

7 HEDGEMERE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 7 on HEDGEMERE.