9, CLEVES WAY, COSTESSEY, NORWICH, NR8 5EN - £275,000

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

9 CLEVES WAY is a large detached house of 145m², built sometime between 1996 and 2002. It was last sold for £275,000 in September 2010, which was around 13% above the average September 2010 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

9 CLEVES WAY Sold Prices

Land registry data shows three sales for 9 CLEVES WAY 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 9 CLEVES 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
2010 24 SEP	£275,000	£243,259	13% above HPI
2006 15 DEC	£279,950	£243,509	15% above HPI
1997 14 FEB	£90,084	£78,586	15% above HPI

9 CLEVES 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 three 9 CLEVES WAY sales between February 1997 and September 2010 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 December 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2010 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 9 CLEVES WAY?

9 CLEVES WAY is 145m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 9 CLEVES WAY lies on this distribution: 62% of detached houses are smaller than 9 CLEVES WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Costessey.

9 CLEVES WAY: Plot and Title Map

9 CLEVES WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 9 CLEVES 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 9 CLEVES 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 9 CLEVES WAY?

9 CLEVES WAY is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 9 on CLEVES WAY.