HIGH VIEW, WEST END AVENUE, COSTESSEY, NORWICH, NR8 5BA - £88,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HIGH VIEW is a small detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £387,706. It was last sold for £88,000 in September 1999, which was around 12% below the average September 1999 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

HIGH VIEW Sold Prices

Land registry data shows two sales for HIGH 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. One of the two HIGH VIEW sales was for below the average price, whilst the other was 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
1999 3 SEP	£88,000	£99,891	12% below HPI
1997 2 MAY	£84,000	£81,016	4% above HPI

HIGH 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 HIGH VIEW sales from May 1997 and September 1999 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 May 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 1999 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might HIGH VIEW be worth now?

HIGH VIEW might now be worth an estimated £387,706.

This is based on house price inflation of 340.6%, between September 1999 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 340.6% inflationary increase is applied to the most recent sale price for HIGH VIEW of £88,000 on 3rd September 1999. For the value to have increased from £88,000 to £387,706 over the 26 years and seven months to February 2025, the following assumptions must hold true:

• The value of HIGH VIEW has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 1999 sale price of £88,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH VIEW has not materially changed since September 1999.

How Large is HIGH VIEW?

HIGH VIEW is 115m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where HIGH VIEW lies on this distribution: 33% of detached houses houses are smaller than HIGH VIEW, and 66% of houses are larger. Note that EPC data is not available for all properties in Costessey.

HIGH VIEW: Plot and Title Map

HIGH VIEW sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of HIGH 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 HIGH 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 HIGH VIEW?

HIGH VIEW is located on WEST END AVENUE in COSTESSEY, in the NR8 postcode district. The below map shows the position of HIGH VIEW on WEST END AVENUE.