1, HEATH WAY, BLOFIELD, NORWICH, NR13 4RS - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HEATH WAY is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £225,000 in November 2016, which was around 29% below the average November 2016 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.

1 HEATH WAY Sold Prices

Land registry data shows three sales for 1 HEATH 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 Broadland local authority area for the corresponding sale date. All of the three 1 HEATH 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
2016 25 NOV	£225,000	£318,914	29% below HPI
2004 13 FEB	£169,950	£194,599	13% below HPI
1999 9 JUL	£68,000	£91,667	26% below HPI

1 HEATH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 1 HEATH WAY sales between July 1999 and November 2016 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 February 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 HEATH WAY?

1 HEATH WAY is 88m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Blofield Heath, and where 1 HEATH WAY lies on this distribution: 23% of detached houses are smaller than 1 HEATH WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

1 HEATH WAY: Plot and Title Map

1 HEATH WAY sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 HEATH 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 HEATH 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 HEATH WAY?

1 HEATH WAY is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 1 on HEATH WAY.