12, ALDER WAY, TAVERHAM, NORWICH, NR8 6YD - £388,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 ALDER WAY is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £388,500 in February 2021, which was around 8% above the average February 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

12 ALDER WAY Sold Prices

Land registry data shows two sales for 12 ALDER 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 12 ALDER 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 22 FEB	£388,500	£360,151	8% above HPI
2005 14 OCT	£237,500	£219,478	8% above HPI

12 ALDER 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 12 ALDER WAY sales from October 2005 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 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2021 sale, which was also at 8% above the HPI.

How Large is 12 ALDER WAY?

12 ALDER WAY is 132m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 12 ALDER WAY lies on this distribution: 69% of detached houses are smaller than 12 ALDER WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Taverham.

12 ALDER WAY: Plot and Title Map

12 ALDER WAY sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 12 ALDER 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 12 ALDER 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 12 ALDER WAY?

12 ALDER WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 12 on ALDER WAY.