1, MEADWAY, NORWICH, NR4 6XS - £520,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MEADWAY is a very large extended detached house of 176m², built sometime between 1983 and 1990. It was last sold for £520,000 in August 2017, which was around 61% above the average August 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

1 MEADWAY Sold Prices

Land registry data shows four sales for 1 MEADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 1 MEADWAY 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
2017 2 AUG	£520,000	£322,914	61% above HPI
2010 4 JUN	£384,950	£237,593	62% above HPI
2001 21 FEB	£200,000	£124,947	60% above HPI
1998 3 DEC	£152,500	£89,479	70% above HPI

1 MEADWAY 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 four 1 MEADWAY sales between December 1998 and August 2017 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 June 2010 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the August 2017 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 1 MEADWAY?

1 MEADWAY is 176m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 1 MEADWAY lies on this distribution: 80% of detached houses are smaller than 1 MEADWAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

1 MEADWAY: Plot and Title Map

1 MEADWAY sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 1 MEADWAY, 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 MEADWAY). 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 MEADWAY?

1 MEADWAY is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 1 on MEADWAY.