DERWENT, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA - £345,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

DERWENT is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £345,000 in September 2023, which was around 15% below the average September 2023 detached price in the Broadland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was F, and the potential energy rating was C.

DERWENT Sold Prices

Land registry data shows two sales for DERWENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two DERWENT 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
2023 29 SEP	£345,000	£407,137	15% below HPI
2008 5 SEP	£220,000	£233,926	6% below HPI

DERWENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two DERWENT sales from September 2008 and September 2023 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 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is DERWENT?

DERWENT is 100m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Blofield Heath, and where DERWENT lies on this distribution: 37% of detached houses are smaller than DERWENT, and 63% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

DERWENT: Plot and Title Map

DERWENT sits on a plot of roughly 0.316 of an acre, or 1,277m². The below map shows the location of DERWENT, 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 DERWENT). 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 DERWENT?

DERWENT is located on PEDHAM ROAD in HEMBLINGTON, in the NR13 postcode district. The below map shows the position of DERWENT on PEDHAM ROAD.