NORTHWOOD HOUSE, THE CROFT, COSTESSEY, NORWICH, NR8 5DT - £575,000

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

NORTHWOOD HOUSE is a very large detached house of 184m², built sometime from 2007 onwards. It was last sold for £575,000 in May 2017, which was around 83% above the average May 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

NORTHWOOD HOUSE Sold Prices

Land registry data shows three sales for NORTHWOOD HOUSE 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 NORTHWOOD 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
2017 5 MAY	£575,000	£313,556	83% above HPI
2007 3 DEC	£495,000	£255,429	94% above HPI
2006 25 OCT	£521,500	£242,915	115% above HPI

NORTHWOOD 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 three NORTHWOOD HOUSE sales between October 2006 and May 2017 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 December 2007 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the May 2017 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is NORTHWOOD HOUSE?

NORTHWOOD HOUSE is 184m² according to the EPC inspection conducted in October 2016. 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 NORTHWOOD HOUSE lies on this distribution: 85% of detached houses are smaller than NORTHWOOD HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Costessey.

NORTHWOOD HOUSE: Plot and Title Map

NORTHWOOD HOUSE sits on a plot of roughly 0.360 of an acre, or 1,458m². The below map shows the location of NORTHWOOD 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 NORTHWOOD 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 NORTHWOOD HOUSE?

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