9, NORTHFIELDS, NORWICH, NR4 7ES - £125,500

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.

9 NORTHFIELDS is a very small flat of 43m², built sometime between 1967 and 1975, which could now be worth an estimated £124,818. It was last sold for £125,500 in February 2022, which was around 17% below the average February 2022 flat price in the Norwich local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was C.

9 NORTHFIELDS Sold Prices

Land registry data shows two sales for 9 NORTHFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Norwich local authority area for the corresponding sale date. Both of the two 9 NORTHFIELDS 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
2022 21 FEB	£125,500	£150,824	17% below HPI
2006 23 JUN	£90,000	£103,573	13% below HPI

What might 9 NORTHFIELDS be worth now?

9 NORTHFIELDS might now be worth an estimated £124,818.

This is based on house price deflation of 0.5%, between February 2022 and May 2026, for flats, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 9 NORTHFIELDS of £125,500 on 21st February 2022. For the value to have decreased from £125,500 to £124,818 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 9 NORTHFIELDS has moved in line with the HPI for flats in the Norwich local authority area.
• The February 2022 sale price of £125,500 represented a fair market value for the property.
• The size, condition, and specification of 9 NORTHFIELDS has not materially changed since February 2022.

How Large is 9 NORTHFIELDS?

9 NORTHFIELDS is 43m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of flats in Norwich, based on EPC data. 17% of flats are smaller than 9 NORTHFIELDS, and 80% of flats are larger. Note that EPC data is not available for all properties in Norwich.

9 NORTHFIELDS: Plot

9 NORTHFIELDS sits on a plot of roughly 0.487 of an acre, or 1,971m².

Where is 9 NORTHFIELDS?

9 NORTHFIELDS is located in NORWICH, in the NR4 postcode district.