WHITE GATES, FOLGATE LANE, COSTESSEY, NORWICH, NR8 5EF - £442,500

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

WHITE GATES is a large extended detached house of 159m², built sometime between 1930 and 1949. It was last sold for £442,500 in June 2016, which was around 48% above the average June 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

WHITE GATES Sold Prices

Land registry data shows two sales for WHITE GATES 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 WHITE GATES sales was for above the average price, whilst the other was 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
2016 3 JUN	£442,500	£298,650	48% above HPI
2011 11 NOV	£232,000	£235,241	1% below HPI

WHITE GATES 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 WHITE GATES sales from November 2011 and June 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 November 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2016 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is WHITE GATES?

WHITE GATES is 159m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where WHITE GATES lies on this distribution: 72% of detached houses are smaller than WHITE GATES, and 27% of houses are larger. Note that EPC data is not available for all properties in Costessey.

WHITE GATES: Plot and Title Map

WHITE GATES sits on a plot of roughly 0.332 of an acre, or 1,342m². The below map shows the location of WHITE GATES, 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 WHITE GATES). 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 WHITE GATES?

WHITE GATES is located on FOLGATE LANE in COSTESSEY, in the NR8 postcode district. The below map shows the position of WHITE GATES on FOLGATE LANE.