1, EDRICH WAY, NORWICH, NR5 9NX - £152,500

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 EDRICH WAY is a small extended detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £276,242. It was last sold for £152,500 in November 2009, which was around 40% below the average November 2009 detached price in the Norwich local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

1 EDRICH WAY Sold Prices

Land registry data shows two sales for 1 EDRICH 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 Norwich local authority area for the corresponding sale date. Both of the two 1 EDRICH 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
2009 20 NOV	£152,500	£255,092	40% below HPI
1996 24 MAY	£57,495	£78,896	27% below HPI

1 EDRICH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 1 EDRICH WAY sales from May 1996 and November 2009 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 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2009 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 EDRICH WAY be worth now?

1 EDRICH WAY might now be worth an estimated £276,242.

This is based on house price inflation of 81.1%, between November 2009 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.1% inflationary increase is applied to the most recent sale price for 1 EDRICH WAY of £152,500 on 20th November 2009. For the value to have increased from £152,500 to £276,242 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 EDRICH WAY has moved in line with the HPI for detached houses in the Norwich local authority area.
• The November 2009 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 1 EDRICH WAY has not materially changed since November 2009.

How Large is 1 EDRICH WAY?

1 EDRICH WAY is 91m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 1 EDRICH WAY lies on this distribution: 31% of detached houses houses are smaller than 1 EDRICH WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 EDRICH WAY: Plot and Title Map

1 EDRICH WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 1 EDRICH 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 EDRICH 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 EDRICH WAY?

1 EDRICH WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 1 on EDRICH WAY.