5, SPRINGFIELD WAY, HINGHAM, NORWICH, NR9 4PR - £130,000

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 SPRINGFIELD WAY is a detached house, which could now be worth an estimated £304,581. It was last sold for £130,000 in April 2003, which was around 29% below the average April 2003 detached price in the South Norfolk local authority area.

5 SPRINGFIELD WAY Sold Prices

Land registry data shows two sales for 5 SPRINGFIELD WAY 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 5 SPRINGFIELD WAY 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
2003 30 APR	£130,000	£183,828	29% below HPI
2001 25 MAY	£81,000	£131,444	38% below HPI

What might 5 SPRINGFIELD WAY be worth now?

5 SPRINGFIELD WAY might now be worth an estimated £304,581.

This is based on house price inflation of 134.3%, between April 2003 and April 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 134.3% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD WAY of £130,000 on 30th April 2003. For the value to have increased from £130,000 to £304,581 over the 23 years to April 2026, the following assumptions must hold true:

• The value of 5 SPRINGFIELD WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2003 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD WAY has not materially changed since April 2003.

Where is 5 SPRINGFIELD WAY?

5 SPRINGFIELD WAY is located in HINGHAM, in the NR9 postcode district.