3, CATMERE HERNE, MULBARTON, NORWICH, NR14 8NU - £161,500

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.

3 CATMERE HERNE is a very small terraced house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £250,289. It was last sold for £161,500 in February 2015, which was around 8% above the average February 2015 terraced price in the South Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

3 CATMERE HERNE Sold Prices

Land registry data shows three sales for 3 CATMERE HERNE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. All of the three 3 CATMERE HERNE 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 13 FEB	£161,500	£149,098	8% above HPI
2007 6 JUL	£161,000	£145,138	11% above HPI
1997 14 OCT	£45,000	£40,906	10% above HPI

3 CATMERE HERNE 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 three 3 CATMERE HERNE sales between October 1997 and February 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 July 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 CATMERE HERNE be worth now?

3 CATMERE HERNE might now be worth an estimated £250,289.

This is based on house price inflation of 55%, between February 2015 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 55% inflationary increase is applied to the most recent sale price for 3 CATMERE HERNE of £161,500 on 13th February 2015. For the value to have increased from £161,500 to £250,289 over the ten years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 CATMERE HERNE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The February 2015 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CATMERE HERNE has not materially changed since February 2015.

How Large is 3 CATMERE HERNE?

3 CATMERE HERNE is 67m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mulbarton, and where 3 CATMERE HERNE lies on this distribution: 1% of terraced houses houses are smaller than 3 CATMERE HERNE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

3 CATMERE HERNE: Plot and Title Map

3 CATMERE HERNE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 3 CATMERE HERNE, 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 3 CATMERE HERNE). 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 3 CATMERE HERNE?

3 CATMERE HERNE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 3 on CATMERE HERNE.