5, BEARS LANE, HINGHAM, NORWICH, NR9 4LL - £271,000

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.

5 BEARS LANE is a detached house, which could now be worth an estimated £430,229. It was last sold for £271,000 in October 2007, which was about the average October 2007 detached price in the South Norfolk local authority area.

5 BEARS LANE Sold Prices

Land registry data shows two sales for 5 BEARS LANE 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. One of the two 5 BEARS LANE sales was roughly equal to the average price, whilst the other was 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
2007 5 OCT	£271,000	£272,337	Close to HPI
2003 31 JAN	£175,000	£182,652	4% below HPI

What might 5 BEARS LANE be worth now?

5 BEARS LANE might now be worth an estimated £430,229.

This is based on house price inflation of 58.8%, between October 2007 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 58.8% inflationary increase is applied to the most recent sale price for 5 BEARS LANE of £271,000 on 5th October 2007. For the value to have increased from £271,000 to £430,229 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 5 BEARS LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2007 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BEARS LANE has not materially changed since October 2007.

Where is 5 BEARS LANE?

5 BEARS LANE is located in HINGHAM, in the NR9 postcode district.