131, ORCHARD WAY, WYMONDHAM, NR18 0NZ - £240,000

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

131 ORCHARD WAY is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £240,000 in November 2019, which was around 30% below the average November 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

131 ORCHARD WAY Sold Prices

Land registry data shows four sales for 131 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 131 ORCHARD 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
2019 20 NOV	£240,000	£341,931	30% below HPI
2014 20 FEB	£153,000	£256,167	40% below HPI
2007 9 JUL	£167,000	£253,875	34% below HPI
2002 9 AUG	£96,000	£165,381	42% below HPI

131 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 131 ORCHARD WAY sales between August 2002 and November 2019 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 February 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 131 ORCHARD WAY?

131 ORCHARD WAY is 91m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 40% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 131 ORCHARD WAY lies on this distribution: 32% of detached houses are smaller than 131 ORCHARD WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

131 ORCHARD WAY: Plot and Title Map

131 ORCHARD WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 131 ORCHARD 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 131 ORCHARD 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 131 ORCHARD WAY?

131 ORCHARD WAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 131 on ORCHARD WAY.