120, SHAKESPEARE WAY, TAVERHAM, NORWICH, NR8 6TZ - £235,000

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

120 SHAKESPEARE WAY is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £235,000 in November 2020, which was around 35% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

120 SHAKESPEARE WAY Sold Prices

Land registry data shows two sales for 120 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 120 SHAKESPEARE 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
2020 30 NOV	£235,000	£358,956	35% below HPI
2019 15 NOV	£225,000	£338,659	34% below HPI

120 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 120 SHAKESPEARE WAY sales from November 2019 and November 2020 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 November 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 120 SHAKESPEARE WAY?

120 SHAKESPEARE WAY is 79m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses by size in Drayton, and where 120 SHAKESPEARE WAY lies on this distribution: 10% of detached houses are smaller than 120 SHAKESPEARE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Drayton.

120 SHAKESPEARE WAY: Plot and Title Map

120 SHAKESPEARE WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 120 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 120 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 120 SHAKESPEARE WAY?

120 SHAKESPEARE WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 120 on SHAKESPEARE WAY.