1, DEVON WAY, TROWSE, NORWICH, NR14 8GE - £492,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 DEVON WAY is a very large detached house of 220m², built sometime between 1996 and 2002, which could now be worth an estimated £884,540. It was last sold for £492,500 in June 2010, which was around 101% above the average June 2010 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was B.

1 DEVON WAY Sold Prices

Land registry data shows three sales for 1 DEVON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 1 DEVON WAY 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
2010 29 JUN	£492,500	£245,039	101% above HPI
2006 19 MAY	£495,000	£240,984	105% above HPI
2002 22 FEB	£325,000	£151,144	115% above HPI

1 DEVON WAY 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 three 1 DEVON WAY sales between February 2002 and June 2010 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 May 2006 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the June 2010 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 1 DEVON WAY be worth now?

1 DEVON WAY might now be worth an estimated £884,540.

This is based on house price inflation of 79.6%, between June 2010 and February 2025, 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 79.6% inflationary increase is applied to the most recent sale price for 1 DEVON WAY of £492,500 on 29th June 2010. For the value to have increased from £492,500 to £884,540 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 1 DEVON WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2010 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DEVON WAY has not materially changed since June 2010.

How Large is 1 DEVON WAY?

1 DEVON WAY is 220m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Trowse Newton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trowse Newton, and where 1 DEVON WAY lies on this distribution: 89% of detached houses houses are smaller than 1 DEVON WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Trowse Newton.

1 DEVON WAY: Plot and Title Map

1 DEVON WAY sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 1 DEVON WAY, 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 1 DEVON WAY). 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 1 DEVON WAY?

1 DEVON WAY is located in TROWSE, in the NR14 postcode district. The below map shows the position of No. 1 on DEVON WAY.