WESTVIEW, NORTH ROAD, BUNWELL, NORWICH, NR16 1RB - £295,000

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

WESTVIEW is a very small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £295,000 in February 2024, which was around 28% below the average February 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

WESTVIEW Sold Prices

Land registry data shows three sales for WESTVIEW 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 WESTVIEW sales were for below 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
2024 16 FEB	£295,000	£409,505	28% below HPI
2015 31 JUL	£205,000	£276,945	26% below HPI
1999 9 SEP	£55,000	£96,855	43% below HPI

WESTVIEW 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 WESTVIEW sales between September 1999 and February 2024 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 July 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is WESTVIEW?

WESTVIEW is 87m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses in Bunwell, based on EPC data. The below chart shows the distribution of detached houses by size in Bunwell, and where WESTVIEW lies on this distribution: 10% of detached houses are smaller than WESTVIEW, and 90% of houses are larger. Note that EPC data is not available for all properties in Bunwell.

WESTVIEW: Plot and Title Map

WESTVIEW sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of WESTVIEW, 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 WESTVIEW). 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 WESTVIEW?

WESTVIEW is located on NORTH ROAD in BUNWELL, in the NR16 postcode district. The below map shows the position of WESTVIEW on NORTH ROAD.