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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 1st 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).

DatePriceHPI PriceVariation from HPI
2023
29 SEP
£345,000£407,249
down arrow
15% below HPI
2008
5 SEP
£220,000£233,926
down arrow
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.

DERWENT, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA: Price paid vs HM Land Registry's House Price Index

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, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA: Size of property relative to detached houses 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.

DERWENT, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA: Plot and title map

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.

DERWENT, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA: Location map and indicative extent of plot

All sales of detached houses on PEDHAM ROAD

DERWENT, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA
2023
29 SEP
£345,000
DERWENT, PEDHAM ROAD, HEMBLINGTON, NORWICH, NR13 4QA
2008
5 SEP
£220,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.