12, WILLOUGHBY WAY, RACKHEATH, NORWICH, NR13 6SL - £279,950

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

12 WILLOUGHBY WAY is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £279,950 in October 2015, which was around 5% below the average October 2015 detached price in the Broadland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 WILLOUGHBY WAY Sold Prices

Land registry data shows five sales for 12 WILLOUGHBY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the five 12 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
2015 9 OCT	£279,950	£296,001	5% below HPI
2013 18 DEC	£240,000	£246,351	3% below HPI
2007 14 SEP	£250,000	£263,791	5% below HPI
2004 8 NOV	£224,000	£216,764	3% above HPI
1998 4 SEP	£95,950	£86,668	11% above HPI

12 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 five 12 WILLOUGHBY WAY sales between September 1998 and October 2015 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 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 12 WILLOUGHBY WAY?

12 WILLOUGHBY WAY is 113m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 12 WILLOUGHBY WAY lies on this distribution: 53% of detached houses are smaller than 12 WILLOUGHBY WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

12 WILLOUGHBY WAY: Plot and Title Map

12 WILLOUGHBY WAY sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 12 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 12 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 12 WILLOUGHBY WAY?

12 WILLOUGHBY WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 12 on WILLOUGHBY WAY.