1B, WESTGATE, HEVINGHAM, NORWICH, NR10 5NH - £210,000

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.

1B WESTGATE is a midsized detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £361,932. It was last sold for £210,000 in March 2013, which was around 14% below the average March 2013 detached price in the Broadland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

1B WESTGATE Sold Prices

Land registry data shows two sales for 1B WESTGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 1B WESTGATE 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
2013 1 MAR	£210,000	£245,056	14% below HPI
2007 10 JAN	£220,000	£250,078	12% below HPI

1B WESTGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 1B WESTGATE sales from January 2007 and March 2013 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 January 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1B WESTGATE be worth now?

1B WESTGATE might now be worth an estimated £361,932.

This is based on house price inflation of 72.3%, between March 2013 and March 2026, for detached 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 72.3% inflationary increase is applied to the most recent sale price for 1B WESTGATE of £210,000 on 1st March 2013. For the value to have increased from £210,000 to £361,932 over the thirteen years to March 2026, the following assumptions must hold true:

• The value of 1B WESTGATE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2013 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1B WESTGATE has not materially changed since March 2013.

How Large is 1B WESTGATE?

1B WESTGATE is 120m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses houses in Hevingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hevingham, and where 1B WESTGATE lies on this distribution: 44% of detached houses houses are smaller than 1B WESTGATE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hevingham.

1B WESTGATE: Plot and Title Map

1B WESTGATE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 1B WESTGATE, 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 1B WESTGATE). 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 1B WESTGATE?

1B WESTGATE is located in HEVINGHAM, in the NR10 postcode district. The below map shows the position of No. 1B on WESTGATE.