1, SPEEDWELL WAY, NORWICH, NR5 9HP - £167,500

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 SPEEDWELL WAY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £167,500 in June 2010, which was around 34% below the average June 2010 detached price in the Norwich local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

1 SPEEDWELL WAY Sold Prices

Land registry data shows three sales for 1 SPEEDWELL 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 Norwich local authority area for the corresponding sale date. All of the three 1 SPEEDWELL 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
2010 4 JUN	£167,500	£254,072	34% below HPI
2006 5 JUL	£169,000	£250,058	32% below HPI
2000 22 SEP	£79,950	£129,616	38% below HPI

1 SPEEDWELL 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 three 1 SPEEDWELL WAY sales between September 2000 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 July 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2010 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 SPEEDWELL WAY?

1 SPEEDWELL WAY is 79m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1 SPEEDWELL WAY lies on this distribution: 17% of detached houses are smaller than 1 SPEEDWELL WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 SPEEDWELL WAY: Plot and Title Map

1 SPEEDWELL WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 1 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL WAY?

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