WOODVIEW, FOLGATE LANE, COSTESSEY, NORWICH, NR8 5DP - £375,000

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

WOODVIEW is a midsized extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £375,000 in September 2017, which was around 15% above the average September 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

WOODVIEW Sold Prices

Land registry data shows two sales for WOODVIEW 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 WOODVIEW 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
2017 21 SEP	£375,000	£326,716	15% above HPI
2004 9 NOV	£275,000	£223,697	23% above HPI

WOODVIEW 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 WOODVIEW sales from November 2004 and September 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 November 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is WOODVIEW?

WOODVIEW is 124m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where WOODVIEW lies on this distribution: 44% of detached houses are smaller than WOODVIEW, and 55% of houses are larger. Note that EPC data is not available for all properties in Costessey.

WOODVIEW: Plot and Title Map

WOODVIEW sits on a plot of roughly 0.399 of an acre, or 1,615m². The below map shows the location of WOODVIEW, 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 WOODVIEW). 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 WOODVIEW?

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