1, TUNGATE WAY, HORSTEAD, NORWICH, NR12 7EN - £169,950

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 TUNGATE WAY is a very small extended detached house of 53m², built sometime between 1930 and 1949. It was last sold for £169,950 in May 2011, which was around 27% below the average May 2011 detached price in the Broadland local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

1 TUNGATE WAY Sold Prices

Land registry data shows two sales for 1 TUNGATE 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 Broadland local authority area for the corresponding sale date. Both of the two 1 TUNGATE 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
2011 27 MAY	£169,950	£231,955	27% below HPI
2001 29 JUN	£69,200	£129,585	47% below HPI

1 TUNGATE 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 two 1 TUNGATE WAY sales from June 2001 and May 2011 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 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2011 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 TUNGATE WAY?

1 TUNGATE WAY is 53m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses by size in Horstead, and where 1 TUNGATE WAY lies on this distribution: 3% of detached houses are smaller than 1 TUNGATE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Horstead.

1 TUNGATE WAY: Plot and Title Map

1 TUNGATE WAY sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 1 TUNGATE 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 TUNGATE 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 TUNGATE WAY?

1 TUNGATE WAY is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 1 on TUNGATE WAY.