WAVENEY HOUSE, THE CROFT, COSTESSEY, NORWICH, NR8 5DT - £415,000

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

WAVENEY HOUSE is a very large extended detached house of 207m², built sometime between 1967 and 1975. It was last sold for £415,000 in April 2010, which was around 82% above the average April 2010 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

WAVENEY HOUSE Sold Prices

Land registry data shows two sales for WAVENEY HOUSE 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. Both of the two WAVENEY 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
2010 8 APR	£415,000	£227,770	82% above HPI
1997 6 JUN	£125,000	£79,111	58% above HPI

WAVENEY 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 two WAVENEY HOUSE sales from June 1997 and April 2010 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 1997 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the April 2010 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is WAVENEY HOUSE?

WAVENEY HOUSE is 207m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where WAVENEY HOUSE lies on this distribution: 91% of detached houses are smaller than WAVENEY HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Costessey.

WAVENEY HOUSE: Plot and Title Map

WAVENEY HOUSE sits on a plot of roughly 0.343 of an acre, or 1,388m². The below map shows the location of WAVENEY 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 WAVENEY 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 WAVENEY HOUSE?

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