THE CROFT, BREYDON DRIVE NORTH, COSTESSEY, NORWICH, NR8 5BB - £277,000

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.

THE CROFT is a small extended detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £372,680. It was last sold for £277,000 in March 2017, which was around 15% below the average March 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.

THE CROFT Sold Prices

Land registry data shows two sales for THE CROFT 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. One of the two THE CROFT sales was for below the average price, whilst the other was 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 7 MAR	£277,000	£327,107	15% below HPI
1998 8 JUN	£86,000	£84,533	2% above HPI

THE CROFT 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 THE CROFT sales from June 1998 and March 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 June 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might THE CROFT be worth now?

THE CROFT might now be worth an estimated £372,680.

This is based on house price inflation of 34.5%, between March 2017 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 34.5% inflationary increase is applied to the most recent sale price for THE CROFT of £277,000 on 7th March 2017. For the value to have increased from £277,000 to £372,680 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of THE CROFT has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2017 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of THE CROFT has not materially changed since March 2017.

How Large is THE CROFT?

THE CROFT is 107m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% 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 THE CROFT lies on this distribution: 26% of detached houses houses are smaller than THE CROFT, and 71% of houses are larger. Note that EPC data is not available for all properties in Costessey.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of THE CROFT, 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 THE CROFT). 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 THE CROFT?

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