THE WILLOWS, CEDAR ROAD, HETHERSETT, NORWICH, NR9 3JY - £785,000

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

THE WILLOWS is a very large extended detached house of 178m², built sometime between 1950 and 1966. It was last sold for £785,000 in November 2021, which was around 101% above the average November 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS 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 THE WILLOWS 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
2021 16 NOV	£785,000	£390,053	101% above HPI
2006 10 MAY	£285,000	£233,662	22% above HPI
2000 27 JAN	£145,000	£103,566	40% above HPI

THE WILLOWS 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 THE WILLOWS sales between January 2000 and November 2021 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 May 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2021 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 178m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where THE WILLOWS lies on this distribution: 93% of detached houses are smaller than THE WILLOWS, and 6% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.750 of an acre, or 3,034m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on CEDAR ROAD in HETHERSETT, in the NR9 postcode district. The below map shows the position of THE WILLOWS on CEDAR ROAD.