10, WILLOUGHBY WAY, RACKHEATH, NORWICH, NR13 6SL - £161,500

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

10 WILLOUGHBY WAY is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £161,500 in November 2003, which was around 17% below the average November 2003 detached price in the Broadland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

10 WILLOUGHBY WAY Sold Prices

Land registry data shows three sales for 10 WILLOUGHBY 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 10 WILLOUGHBY 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
2003 28 NOV	£161,500	£194,990	17% below HPI
1999 26 NOV	£85,000	£96,444	12% below HPI
1998 21 AUG	£74,335	£86,573	14% below HPI

10 WILLOUGHBY 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 10 WILLOUGHBY WAY sales between August 1998 and November 2003 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 November 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2003 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 10 WILLOUGHBY WAY?

10 WILLOUGHBY WAY is 74m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 10 WILLOUGHBY WAY lies on this distribution: 10% of detached houses are smaller than 10 WILLOUGHBY WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

10 WILLOUGHBY WAY: Plot and Title Map

10 WILLOUGHBY WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 10 WILLOUGHBY 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 10 WILLOUGHBY 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 10 WILLOUGHBY WAY?

10 WILLOUGHBY WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 10 on WILLOUGHBY WAY.