8, MARKET PLACE, HINGHAM, NORWICH, NR9 4AF - £249,500

8 MARKET PLACE is a midsized extended detached house of 105m², built sometime before 1900. It was last sold for £249,500 in August 2020, which was around 29% below the average August 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was C.

8 MARKET PLACE Sold Prices

Land registry data shows two sales for 8 MARKET PLACE 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 8 MARKET PLACE 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
2020 6 AUG	£249,500	£352,423	29% below HPI
2001 20 APR	£122,500	£125,381	2% below HPI

8 MARKET PLACE 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 8 MARKET PLACE sales from April 2001 and August 2020 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 April 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 MARKET PLACE?

8 MARKET PLACE is 105m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses in Hingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hingham, and where 8 MARKET PLACE lies on this distribution: 53% of detached houses are smaller than 8 MARKET PLACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hingham.

8 MARKET PLACE: Plot and Title Map

8 MARKET PLACE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 8 MARKET PLACE, 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 8 MARKET PLACE). 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 8 MARKET PLACE?

8 MARKET PLACE is located in HINGHAM, in the NR9 postcode district. The below map shows the position of No. 8 on MARKET PLACE.