22, SOWDLEFIELD WALK, MULBARTON, NORWICH, NR14 8GP - £379,000

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.

22 SOWDLEFIELD WALK is a large detached house of 150m², built in 2008, which could now be worth an estimated £586,739. It was last sold for £379,000 in May 2015, which was around 36% above the average May 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was B.

22 SOWDLEFIELD WALK Sold Prices

Land registry data shows two sales for 22 SOWDLEFIELD WALK 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 22 SOWDLEFIELD WALK 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
2015 11 MAY	£379,000	£279,275	36% above HPI
2012 15 JUN	£330,000	£241,156	37% above HPI

22 SOWDLEFIELD WALK 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 22 SOWDLEFIELD WALK sales from June 2012 and May 2015 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 June 2012 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2015 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 22 SOWDLEFIELD WALK be worth now?

22 SOWDLEFIELD WALK might now be worth an estimated £586,739.

This is based on house price inflation of 54.8%, between May 2015 and May 2026, for detached 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 54.8% inflationary increase is applied to the most recent sale price for 22 SOWDLEFIELD WALK of £379,000 on 11th May 2015. For the value to have increased from £379,000 to £586,739 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 22 SOWDLEFIELD WALK has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2015 sale price of £379,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SOWDLEFIELD WALK has not materially changed since May 2015.

How Large is 22 SOWDLEFIELD WALK?

22 SOWDLEFIELD WALK is 150m² according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 22 SOWDLEFIELD WALK lies on this distribution: 76% of detached houses houses are smaller than 22 SOWDLEFIELD WALK, and 24% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

Where is 22 SOWDLEFIELD WALK?

22 SOWDLEFIELD WALK is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 22 on SOWDLEFIELD WALK.