FIELD VIEW, TOWNHOUSE ROAD, COSTESSEY, NORWICH, NR8 5BX - £320,000

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

FIELD VIEW is a small detached house of 113m², built sometime between 1950 and 1966. It was last sold for £320,000 in June 2020, which was around 9% below the average June 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

FIELD VIEW Sold Prices

Land registry data shows two sales for FIELD VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two FIELD VIEW 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
2020 15 JUN	£320,000	£350,130	9% below HPI
1999 25 JUN	£90,000	£93,012	3% below HPI

FIELD VIEW 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 two FIELD VIEW sales from June 1999 and June 2020 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 June 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is FIELD VIEW?

FIELD VIEW is 113m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 FIELD VIEW lies on this distribution: 32% of detached houses are smaller than FIELD VIEW, and 68% of houses are larger. Note that EPC data is not available for all properties in Costessey.

FIELD VIEW: Plot and Title Map

FIELD VIEW sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of FIELD VIEW, 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 FIELD VIEW). 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 FIELD VIEW?

FIELD VIEW is located on TOWNHOUSE ROAD in COSTESSEY, in the NR8 postcode district. The below map shows the position of FIELD VIEW on TOWNHOUSE ROAD.