72, THE STREET, COSTESSEY, NORWICH, NR8 5DD - £240,000

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

72 THE STREET is a very small detached house of 51m², built sometime before 1900. It was last sold for £240,000 in July 2022, which was around 41% below the average July 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

72 THE STREET Sold Prices

Land registry data shows three sales for 72 THE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 72 THE STREET 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
2022 25 JUL	£240,000	£403,763	41% below HPI
2015 17 APR	£155,000	£267,912	42% below HPI
2005 28 OCT	£123,500	£226,894	46% below HPI

72 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 three 72 THE STREET sales between October 2005 and July 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 April 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 72 THE STREET?

72 THE STREET is 51m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 72 THE STREET lies on this distribution: Less than 1% of detached houses are smaller than 72 THE STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Costessey.

72 THE STREET: Plot and Title Map

72 THE STREET sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 72 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 72 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 72 THE STREET?

72 THE STREET is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 72 on THE STREET.