7, HEARTSEASE LANE, NORWICH, NR7 9NP - £265,000

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.

7 HEARTSEASE LANE is a large extended semi-detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £334,718. It was last sold for £265,000 in February 2018, which was around 15% above the average February 2018 semi-detached price in the Norwich local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

7 HEARTSEASE LANE Sold Prices

Land registry data shows two sales for 7 HEARTSEASE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. One of the two 7 HEARTSEASE LANE sales was for above 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
2018 21 FEB	£265,000	£231,345	15% above HPI
2016 11 MAR	£150,000	£211,655	29% below HPI

7 HEARTSEASE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The two 7 HEARTSEASE LANE sales from March 2016 and February 2018 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 March 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 HEARTSEASE LANE be worth now?

7 HEARTSEASE LANE might now be worth an estimated £334,718.

This is based on house price inflation of 26.3%, between February 2018 and February 2025, for semi-detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.3% inflationary increase is applied to the most recent sale price for 7 HEARTSEASE LANE of £265,000 on 21st February 2018. For the value to have increased from £265,000 to £334,718 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 HEARTSEASE LANE has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The February 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HEARTSEASE LANE has not materially changed since February 2018.

How Large is 7 HEARTSEASE LANE?

7 HEARTSEASE LANE is 119m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 7 HEARTSEASE LANE lies on this distribution: 61% of semi-detached houses houses are smaller than 7 HEARTSEASE LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 HEARTSEASE LANE: Plot and Title Map

7 HEARTSEASE LANE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 7 HEARTSEASE LANE, 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 7 HEARTSEASE LANE). 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 7 HEARTSEASE LANE?

7 HEARTSEASE LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 7 on HEARTSEASE LANE.