8, STONE LANE, HINGHAM, NORWICH, NR9 4LH - £194,000

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.

8 STONE LANE is a small extended semi-detached house of 79m², built sometime before 1900, which could now be worth an estimated £241,331. It was last sold for £194,000 in March 2020, which was around 15% below the average March 2020 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

8 STONE LANE Sold Prices

Land registry data shows three sales for 8 STONE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 8 STONE LANE 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
2020 12 MAR	£194,000	£227,766	15% below HPI
2015 30 MAR	£122,000	£177,549	31% below HPI
2003 12 MAY	£80,000	£115,470	31% below HPI

8 STONE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 8 STONE LANE sales between May 2003 and March 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 March 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 STONE LANE be worth now?

8 STONE LANE might now be worth an estimated £241,331.

This is based on house price inflation of 24.4%, between March 2020 and February 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.4% inflationary increase is applied to the most recent sale price for 8 STONE LANE of £194,000 on 12th March 2020. For the value to have increased from £194,000 to £241,331 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 8 STONE LANE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The March 2020 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STONE LANE has not materially changed since March 2020.

How Large is 8 STONE LANE?

8 STONE LANE is 79m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of semi-detached houses houses in Hingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hingham, and where 8 STONE LANE lies on this distribution: 23% of semi-detached houses houses are smaller than 8 STONE LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Hingham.

8 STONE LANE: Plot and Title Map

8 STONE LANE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 8 STONE LANE, 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 8 STONE LANE). 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 8 STONE LANE?

8 STONE LANE is located in HINGHAM, in the NR9 postcode district. The below map shows the position of No. 8 on STONE LANE.