103, HORSBECK WAY, HORSFORD, NORWICH, NR10 3BB - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

103 HORSBECK WAY is a large detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £471,563. It was last sold for £405,000 in February 2021, which was around 11% above the average February 2021 detached price in the Broadland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was A.

103 HORSBECK WAY Sold Prices

Land registry data shows three sales for 103 HORSBECK 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 103 HORSBECK WAY 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
2021 24 FEB	£405,000	£363,761	11% above HPI
2005 31 OCT	£265,000	£221,678	20% above HPI
1997 24 OCT	£109,995	£82,196	34% above HPI

103 HORSBECK 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 103 HORSBECK WAY sales between October 1997 and February 2021 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 October 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 103 HORSBECK WAY be worth now?

103 HORSBECK WAY might now be worth an estimated £471,563.

This is based on house price inflation of 16.4%, between February 2021 and February 2025, 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 16.4% inflationary increase is applied to the most recent sale price for 103 HORSBECK WAY of £405,000 on 24th February 2021. For the value to have increased from £405,000 to £471,563 over the four years to February 2025, the following assumptions must hold true:

• The value of 103 HORSBECK WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 103 HORSBECK WAY has not materially changed since February 2021.

How Large is 103 HORSBECK WAY?

103 HORSBECK WAY is 139m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Horsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horsford, and where 103 HORSBECK WAY lies on this distribution: 65% of detached houses houses are smaller than 103 HORSBECK WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Horsford.

103 HORSBECK WAY: Plot and Title Map

103 HORSBECK WAY sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 103 HORSBECK 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 103 HORSBECK 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 103 HORSBECK WAY?

103 HORSBECK WAY is located in HORSFORD, in the NR10 postcode district. The below map shows the position of No. 103 on HORSBECK WAY.