40 Dereham Road, New Costessey, Norwich, NR5 0SY is a freehold detached property built between 1967-1975. The property offers approximately 1,722 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £363,225 , which equates to approximately £211 per square foot. It was last sold on 5 Dec 2018 for £290,000. Since then, the value has increased by £73,225, representing a 25.3% increase, or approximately 3.6% per year.

The current estimated value of £363,225 is:

  • 6.9% higher than the average property price on Dereham Road
  • 14.1% higher than the average in the NR5 0SY postcode area
  • and 21.4% higher than the average price for Norwich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 June 2022, the property was recorded as rented.

View sold house prices in NR5 0SY

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
1722 sq ft
Tenure
Freehold
Price (estimate)
£363,225
Price Per sq ft (estimate)
£211
Bedroom Count (estimate)
6 bedrooms

EPC Summary

40 Dereham Road, New Costessey, Norwich, South Norfolk, Norfolk, NR5 0SY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Jun 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are mostly double glazed.

The previous EPC assessment was conducted on 2 Jul 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 2.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from partial double glazing to mostly double glazing.
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR5 0SY

5 th / 22
Price Rank
14% higher than average
1 st / 15
Size Rank
59% bigger than average
15 th / 15
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NR5 0SY , this bungalow's estimated value ranks 5th out of 22. Based on price per square foot, it ranks 15th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 15 properties in its postcode area.

Sale History

Today
£363,225
streetscan.co.uk estimate
+25 %
5 Dec 2018
£290,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1485 sq ft
sale price: £375,000
sale date: 26 Apr 2024
rooms: 8
size: 1765 sq ft
sale price: £475,000
sale date: 6 May 2022
rooms: 7
size: 1528 sq ft
sale price: £490,000
sale date: 24 Sep 2021
rooms: 8
size: 1765 sq ft
sale price: £455,000
sale date: 25 Jun 2021
rooms: 9
size: 1916 sq ft
sale price: £190,000
sale date: 16 Apr 2021

Data Sources

The property at 40 Dereham Road, New Costessey, Norwich, South Norfolk, Norfolk, NR5 0SY appears once in the Land Registry records, with the transaction recorded on 5 Dec 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jun 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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