HOLLY HOUSE, THE CROFT, COSTESSEY, NORWICH, NR8 5DT - £510,000

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

HOLLY HOUSE is a very large extended detached house of 190m², built sometime from 2007 onwards. It was last sold for £510,000 in August 2015, which was around 83% above the average August 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

HOLLY HOUSE Sold Prices

Land registry data shows two sales for HOLLY HOUSE 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 HOLLY HOUSE 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
2015 4 AUG	£510,000	£278,207	83% above HPI
2008 21 FEB	£480,000	£257,143	87% above HPI

HOLLY HOUSE 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 HOLLY HOUSE sales from February 2008 and August 2015 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 February 2008 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the August 2015 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is HOLLY HOUSE?

HOLLY HOUSE is 190m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where HOLLY HOUSE lies on this distribution: 86% of detached houses are smaller than HOLLY HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Costessey.

HOLLY HOUSE: Plot and Title Map

HOLLY HOUSE sits on a plot of roughly 0.337 of an acre, or 1,364m². The below map shows the location of HOLLY HOUSE, 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 HOLLY HOUSE). 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 HOLLY HOUSE?

HOLLY HOUSE is located on THE CROFT in COSTESSEY, in the NR8 postcode district. The below map shows the position of HOLLY HOUSE on THE CROFT.