ROSEWOOD, THE CROFT, COSTESSEY, NORWICH, NR8 5DT - £327,000

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.

ROSEWOOD is a very small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £444,679. It was last sold for £327,000 in November 2016, which was around 1% above the average November 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

ROSEWOOD Sold Prices

Land registry data shows three sales for ROSEWOOD 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. The three ROSEWOOD sales were a mix of above the average price, and roughly equal to 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
2016 10 NOV	£327,000	£323,629	1% above HPI
2013 16 APR	£247,500	£248,523	Close to HPI
1998 26 MAY	£87,000	£82,912	5% above HPI

ROSEWOOD 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 ROSEWOOD sales between May 1998 and November 2016 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 April 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2016 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might ROSEWOOD be worth now?

ROSEWOOD might now be worth an estimated £444,679.

This is based on house price inflation of 36%, between November 2016 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 36% inflationary increase is applied to the most recent sale price for ROSEWOOD of £327,000 on 10th November 2016. For the value to have increased from £327,000 to £444,679 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of ROSEWOOD has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2016 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEWOOD has not materially changed since November 2016.

How Large is ROSEWOOD?

ROSEWOOD is 95m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 ROSEWOOD lies on this distribution: 17% of detached houses houses are smaller than ROSEWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Costessey.

ROSEWOOD: Plot and Title Map

ROSEWOOD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of ROSEWOOD, 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 ROSEWOOD). 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 ROSEWOOD?

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