112, SHAKESPEARE WAY, TAVERHAM, NORWICH, NR8 6TZ - £278,000

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.

112 SHAKESPEARE WAY is a large extended detached house of 146m², built sometime between 1983 and 1990, which could now be worth an estimated £448,081. It was last sold for £278,000 in July 2014, which was around 6% above the average July 2014 detached price in the Broadland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

112 SHAKESPEARE WAY Sold Prices

Land registry data shows two sales for 112 SHAKESPEARE 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 112 SHAKESPEARE 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
2014 22 JUL	£278,000	£262,778	6% above HPI
2000 14 APR	£127,500	£104,170	22% above HPI

112 SHAKESPEARE 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 112 SHAKESPEARE WAY sales from April 2000 and July 2014 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 April 2000 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 112 SHAKESPEARE WAY be worth now?

112 SHAKESPEARE WAY might now be worth an estimated £448,081.

This is based on house price inflation of 61.2%, between July 2014 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 61.2% inflationary increase is applied to the most recent sale price for 112 SHAKESPEARE WAY of £278,000 on 22nd July 2014. For the value to have increased from £278,000 to £448,081 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 112 SHAKESPEARE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2014 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 112 SHAKESPEARE WAY has not materially changed since July 2014.

How Large is 112 SHAKESPEARE WAY?

112 SHAKESPEARE WAY is 146m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of detached houses houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton, and where 112 SHAKESPEARE WAY lies on this distribution: 68% of detached houses houses are smaller than 112 SHAKESPEARE WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Drayton.

112 SHAKESPEARE WAY: Plot and Title Map

112 SHAKESPEARE WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 112 SHAKESPEARE 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 112 SHAKESPEARE 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 112 SHAKESPEARE WAY?

112 SHAKESPEARE WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 112 on SHAKESPEARE WAY.