10, HEDGEMERE, TAVERHAM, NORWICH, NR8 6GG - £153,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 HEDGEMERE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £210,682. It was last sold for £153,500 in February 2016, which was around 8% below the average February 2016 terraced price in the Broadland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

10 HEDGEMERE Sold Prices

Land registry data shows five sales for 10 HEDGEMERE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. Most of the five 10 HEDGEMERE 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
2016 5 FEB	£153,500	£166,237	8% below HPI
2007 9 MAY	£147,950	£143,080	3% above HPI
2000 26 APR	£53,500	£52,576	2% above HPI
1998 4 SEP	£47,000	£44,007	7% above HPI
1996 19 DEC	£45,265	£37,855	20% above HPI

10 HEDGEMERE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The five 10 HEDGEMERE sales between December 1996 and February 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 May 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 10 HEDGEMERE be worth now?

10 HEDGEMERE might now be worth an estimated £210,682.

This is based on house price inflation of 37.3%, between February 2016 and March 2026, for terraced houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.3% inflationary increase is applied to the most recent sale price for 10 HEDGEMERE of £153,500 on 5th February 2016. For the value to have increased from £153,500 to £210,682 over the nine years and eleven months to March 2026, the following assumptions must hold true:

• The value of 10 HEDGEMERE has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The February 2016 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 10 HEDGEMERE has not materially changed since February 2016.

How Large is 10 HEDGEMERE?

10 HEDGEMERE is 60m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of terraced houses houses in Taverham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Taverham, and where 10 HEDGEMERE lies on this distribution: 1% of terraced houses houses are smaller than 10 HEDGEMERE, and 98% of houses are larger. Note that EPC data is not available for all properties in Taverham.

10 HEDGEMERE: Plot and Title Map

10 HEDGEMERE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 10 HEDGEMERE, 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 10 HEDGEMERE). 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 10 HEDGEMERE?

10 HEDGEMERE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 10 on HEDGEMERE.