11, COMMONWEALTH WAY, NORWICH, NR7 0UR - £403,000

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

11 COMMONWEALTH WAY is a midsized extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £403,000 in July 2023, which was around 2% below the average July 2023 detached price in the Broadland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

11 COMMONWEALTH WAY Sold Prices

Land registry data shows two sales for 11 COMMONWEALTH 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 11 COMMONWEALTH 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
2023 21 JUL	£403,000	£410,136	2% below HPI
2019 6 DEC	£340,000	£342,506	1% below HPI

11 COMMONWEALTH 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 11 COMMONWEALTH WAY sales from December 2019 and July 2023 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 December 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 11 COMMONWEALTH WAY?

11 COMMONWEALTH WAY is 114m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 11 COMMONWEALTH WAY lies on this distribution: 56% of detached houses are smaller than 11 COMMONWEALTH WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Norwich.

11 COMMONWEALTH WAY: Plot and Title Map

11 COMMONWEALTH WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 11 COMMONWEALTH 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 11 COMMONWEALTH 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 11 COMMONWEALTH WAY?

11 COMMONWEALTH WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 11 on COMMONWEALTH WAY.