ARFON, ROWS MEADOW, HEMPNALL, NORWICH, NR15 2AE - £470,000

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.

ARFON is a very large detached house of 211m², built sometime between 1991 and 1995, which could now be worth an estimated £597,964. It was last sold for £470,000 in April 2018, which was around 38% above the average April 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

ARFON Sold Prices

Land registry data shows two sales for ARFON 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 ARFON 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
2018 27 APR	£470,000	£339,829	38% above HPI
1998 10 JUL	£150,000	£86,980	72% above HPI

ARFON 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 ARFON sales from July 1998 and April 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 July 1998 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the April 2018 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might ARFON be worth now?

ARFON might now be worth an estimated £597,964.

This is based on house price inflation of 27.2%, between April 2018 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 27.2% inflationary increase is applied to the most recent sale price for ARFON of £470,000 on 27th April 2018. For the value to have increased from £470,000 to £597,964 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of ARFON has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2018 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of ARFON has not materially changed since April 2018.

How Large is ARFON?

ARFON is 211m² according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses houses in Hempnall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hempnall, and where ARFON lies on this distribution: 89% of detached houses houses are smaller than ARFON, and 11% of houses are larger. Note that EPC data is not available for all properties in Hempnall.

ARFON: Plot and Title Map

ARFON sits on a plot of roughly 0.458 of an acre, or 1,852m². The below map shows the location of ARFON, 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 ARFON). 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 ARFON?

ARFON is located on ROWS MEADOW in HEMPNALL, in the NR15 postcode district. The below map shows the position of ARFON on ROWS MEADOW.