15, THIRLMERE, HETHERSETT, NORWICH, NR9 3PL - £140,000

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.

15 THIRLMERE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £221,196. It was last sold for £140,000 in June 2014, which was around 4% below the average June 2014 terraced price in the South Norfolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

15 THIRLMERE Sold Prices

Land registry data shows two sales for 15 THIRLMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. Both of the two 15 THIRLMERE 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
2014 13 JUN	£140,000	£146,249	4% below HPI
2005 17 OCT	£114,000	£126,273	10% below HPI

15 THIRLMERE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The two 15 THIRLMERE sales from October 2005 and June 2014 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 October 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 THIRLMERE be worth now?

15 THIRLMERE might now be worth an estimated £221,196.

This is based on house price inflation of 58%, between June 2014 and May 2026, for terraced houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58% inflationary increase is applied to the most recent sale price for 15 THIRLMERE of £140,000 on 13th June 2014. For the value to have increased from £140,000 to £221,196 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 15 THIRLMERE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The June 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THIRLMERE has not materially changed since June 2014.

How Large is 15 THIRLMERE?

15 THIRLMERE is 52m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of terraced houses houses in Hethersett, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hethersett, and where 15 THIRLMERE lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 THIRLMERE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

15 THIRLMERE: Plot and Title Map

15 THIRLMERE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 15 THIRLMERE, 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 15 THIRLMERE). 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 15 THIRLMERE?

15 THIRLMERE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 15 on THIRLMERE.