7, HINSHALWOOD WAY, COSTESSEY, NORWICH, NR8 5BN - £585,000

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 HINSHALWOOD WAY is a large extended detached house of 159m², built sometime between 1991 and 1995. It was last sold for £585,000 in June 2022, which was around 45% above the average June 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

7 HINSHALWOOD WAY Sold Prices

Land registry data shows four sales for 7 HINSHALWOOD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 7 HINSHALWOOD WAY 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
2022 29 JUN	£585,000	£404,288	45% above HPI
2015 7 SEP	£442,500	£286,821	54% above HPI
2013 12 SEP	£365,000	£246,373	48% above HPI
1996 21 JUN	£118,000	£73,573	60% above HPI

7 HINSHALWOOD WAY 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 four 7 HINSHALWOOD WAY sales between June 1996 and June 2022 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2022 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 7 HINSHALWOOD WAY?

7 HINSHALWOOD WAY is 159m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 7 HINSHALWOOD WAY lies on this distribution: 72% of detached houses are smaller than 7 HINSHALWOOD WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Costessey.

7 HINSHALWOOD WAY: Plot and Title Map

7 HINSHALWOOD WAY sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of 7 HINSHALWOOD WAY, 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 HINSHALWOOD WAY). 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 HINSHALWOOD WAY?

7 HINSHALWOOD WAY is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 7 on HINSHALWOOD WAY.