8, THE MEWS, NORWICH, NR2 2BY - £250,000

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 MEWS is a very large extended detached house of 196m², built sometime between 1976 and 1982, which could now be worth an estimated £334,114. It was last sold for £250,000 in February 2016, which was around 28% below the average February 2016 detached price in the Norwich local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

8 THE MEWS Sold Prices

Land registry data shows two sales for 8 THE MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. One of the two 8 THE MEWS sales was for below the average price, whilst the other was 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
2016 12 FEB	£250,000	£345,750	28% below HPI
2007 4 JUN	£460,000	£288,587	59% above HPI

8 THE MEWS 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 two 8 THE MEWS sales from June 2007 and February 2016 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 June 2007 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the February 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 THE MEWS be worth now?

8 THE MEWS might now be worth an estimated £334,114.

This is based on house price inflation of 33.6%, between February 2016 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 33.6% inflationary increase is applied to the most recent sale price for 8 THE MEWS of £250,000 on 12th February 2016. For the value to have increased from £250,000 to £334,114 over the nine years to February 2025, the following assumptions must hold true:

• The value of 8 THE MEWS has moved in line with the HPI for detached houses in the Norwich local authority area.
• The February 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE MEWS has not materially changed since February 2016.

How Large is 8 THE MEWS?

8 THE MEWS is 196m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 MEWS lies on this distribution: 94% of detached houses houses are smaller than 8 THE MEWS, and 6% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 THE MEWS: Plot and Title Map

8 THE MEWS sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 8 THE MEWS, 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 MEWS). 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 MEWS?

8 THE MEWS is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 8 on THE MEWS.