ELMSTEAD, MILESTONE LANE, WICKLEWOOD, WYMONDHAM, NR18 9QL - £650,000

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.

ELMSTEAD is a midsized detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £759,562. It was last sold for £650,000 in April 2021, which was around 73% above the average April 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

ELMSTEAD Sold Prices

Land registry data shows three sales for ELMSTEAD 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 ELMSTEAD 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
2021 19 APR	£650,000	£376,614	73% above HPI
2017 5 OCT	£490,000	£338,005	45% above HPI
2007 29 JUN	£350,000	£261,409	34% above HPI

ELMSTEAD 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 ELMSTEAD sales between June 2007 and April 2021 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 October 2017 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2021 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might ELMSTEAD be worth now?

ELMSTEAD might now be worth an estimated £759,562.

This is based on house price inflation of 16.9%, between April 2021 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 16.9% inflationary increase is applied to the most recent sale price for ELMSTEAD of £650,000 on 19th April 2021. For the value to have increased from £650,000 to £759,562 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of ELMSTEAD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of ELMSTEAD has not materially changed since April 2021.

How Large is ELMSTEAD?

ELMSTEAD is 148m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses houses in Wicklewood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wicklewood, and where ELMSTEAD lies on this distribution: 46% of detached houses houses are smaller than ELMSTEAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Wicklewood.

ELMSTEAD: Plot and Title Map

ELMSTEAD sits on a plot of roughly 0.418 of an acre, or 1,692m². The below map shows the location of ELMSTEAD, 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 ELMSTEAD). 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 ELMSTEAD?

ELMSTEAD is located on MILESTONE LANE in WICKLEWOOD, in the NR18 postcode district. The below map shows the position of ELMSTEAD on MILESTONE LANE.