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

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.

HOLLY HOUSE is a very large extended detached house of 190m², built sometime from 2007 onwards, which could now be worth an estimated £782,255. It was last sold for £510,000 in August 2015, which was around 78% 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	£286,925	78% above HPI
2008 21 FEB	£480,000	£265,201	81% 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 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the August 2015 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might HOLLY HOUSE be worth now?

HOLLY HOUSE might now be worth an estimated £782,255.

This is based on house price inflation of 53.4%, between August 2015 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 53.4% inflationary increase is applied to the most recent sale price for HOLLY HOUSE of £510,000 on 4th August 2015. For the value to have increased from £510,000 to £782,255 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of HOLLY HOUSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2015 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY HOUSE has not materially changed since August 2015.

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 houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Costessey, and where HOLLY HOUSE lies on this distribution: 86% of detached houses 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.