8, THE COLUMBINE, NORWICH, NR5 9NP - £205,000

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 THE COLUMBINE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £231,532. It was last sold for £205,000 in February 2021, which was around 50% below the average February 2021 detached price in the Norwich local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

8 THE COLUMBINE Sold Prices

Land registry data shows four sales for 8 THE COLUMBINE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 8 THE COLUMBINE 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
2021 9 FEB	£205,000	£409,127	50% below HPI
2013 8 FEB	£155,000	£271,523	43% below HPI
2004 16 DEC	£139,000	£236,230	41% below HPI
2000 24 MAR	£63,500	£117,241	46% below HPI

8 THE COLUMBINE 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 four 8 THE COLUMBINE sales between March 2000 and February 2021 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 February 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 8 THE COLUMBINE be worth now?

8 THE COLUMBINE might now be worth an estimated £231,532.

This is based on house price inflation of 12.9%, between February 2021 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 12.9% inflationary increase is applied to the most recent sale price for 8 THE COLUMBINE of £205,000 on 9th February 2021. For the value to have increased from £205,000 to £231,532 over the four years to February 2025, the following assumptions must hold true:

• The value of 8 THE COLUMBINE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The February 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE COLUMBINE has not materially changed since February 2021.

How Large is 8 THE COLUMBINE?

8 THE COLUMBINE is 71m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% 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 8 THE COLUMBINE lies on this distribution: 10% of detached houses houses are smaller than 8 THE COLUMBINE, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 THE COLUMBINE: Plot and Title Map

8 THE COLUMBINE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 8 THE COLUMBINE, 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 THE COLUMBINE). 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 THE COLUMBINE?

8 THE COLUMBINE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 8 on THE COLUMBINE.