9, GRASMERE, HETHERSETT, NORWICH, NR9 3PJ - £381,500

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.

9 GRASMERE is a midsized detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £407,220. It was last sold for £381,500 in September 2024, which was around 7% below the average September 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

9 GRASMERE Sold Prices

Land registry data shows four sales for 9 GRASMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 9 GRASMERE 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
2024 5 SEP	£381,500	£412,299	7% below HPI
2015 18 SEP	£270,000	£295,809	9% below HPI
2014 11 JUL	£240,000	£274,579	13% below HPI
2006 12 MAY	£215,000	£240,984	11% below HPI

9 GRASMERE 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 four 9 GRASMERE sales between May 2006 and September 2024 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 September 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 9 GRASMERE be worth now?

9 GRASMERE might now be worth an estimated £407,220.

This is based on house price inflation of 6.7%, between September 2024 and February 2025, for 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 6.7% inflationary increase is applied to the most recent sale price for 9 GRASMERE of £381,500 on 5th September 2024. For the value to have increased from £381,500 to £407,220 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 9 GRASMERE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2024 sale price of £381,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GRASMERE has not materially changed since September 2024.

How Large is 9 GRASMERE?

9 GRASMERE is 104m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% of detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hethersett, and where 9 GRASMERE lies on this distribution: 44% of detached houses houses are smaller than 9 GRASMERE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

9 GRASMERE: Plot and Title Map

9 GRASMERE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 9 GRASMERE, 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 GRASMERE). 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 GRASMERE?

9 GRASMERE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 9 on GRASMERE.