1, WALPOLE WAY, FREETHORPE, NORWICH, NR13 3SX - £275,000

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 WALPOLE WAY is a midsized detached house of 108m², which could now be worth an estimated £370,982. It was last sold for £275,000 in December 2016, which was around 14% below the average December 2016 detached price in the Broadland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

1 WALPOLE WAY Sold Prices

Land registry data shows three sales for 1 WALPOLE 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 WALPOLE 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 19 DEC	£275,000	£318,231	14% below HPI
2013 30 MAY	£234,995	£245,696	4% below HPI
2006 5 JUN	£158,000	£232,449	32% below HPI

1 WALPOLE 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 WALPOLE WAY sales between June 2006 and December 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 May 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 WALPOLE WAY be worth now?

1 WALPOLE WAY might now be worth an estimated £370,982.

This is based on house price inflation of 34.9%, between December 2016 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.9% inflationary increase is applied to the most recent sale price for 1 WALPOLE WAY of £275,000 on 19th December 2016. For the value to have increased from £275,000 to £370,982 over the eight years to December 2024, the following assumptions must hold true:

• The value of 1 WALPOLE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WALPOLE WAY has not materially changed since December 2016.

How Large is 1 WALPOLE WAY?

1 WALPOLE WAY is 108m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses houses in Freethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freethorpe, and where 1 WALPOLE WAY lies on this distribution: 52% of detached houses houses are smaller than 1 WALPOLE WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Freethorpe.

1 WALPOLE WAY: Plot and Title Map

1 WALPOLE WAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 1 WALPOLE 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 WALPOLE 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 WALPOLE WAY?

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