ROSEBANK, BEARS LANE, HINGHAM, NORWICH, NR9 4LL - £657,500

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

ROSEBANK is a very large extended detached house of 218m², built sometime between 1950 and 1966. It was last sold for £657,500 in September 2023, which was around 61% above the average September 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

ROSEBANK Sold Prices

Land registry data shows four sales for ROSEBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four ROSEBANK 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
2023 26 SEP	£657,500	£408,860	61% above HPI
2015 5 JUN	£300,000	£269,898	11% above HPI
2003 19 DEC	£220,000	£198,990	11% above HPI
1997 14 FEB	£88,750	£78,586	13% above HPI

ROSEBANK 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 four ROSEBANK sales between February 1997 and September 2023 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 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2023 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is ROSEBANK?

ROSEBANK is 218m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Hingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hingham, and where ROSEBANK lies on this distribution: 97% of detached houses are smaller than ROSEBANK, and 3% of houses are larger. Note that EPC data is not available for all properties in Hingham.

ROSEBANK: Plot and Title Map

ROSEBANK sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of ROSEBANK, 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 ROSEBANK). 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 ROSEBANK?

ROSEBANK is located on BEARS LANE in HINGHAM, in the NR9 postcode district. The below map shows the position of ROSEBANK on BEARS LANE.