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
14 NEWBURY WAY is a midsized extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £326,000 in December 2020, which was around 8% below the average December 2020 detached price in the Broadland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 14 NEWBURY WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 14 NEWBURY 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 2 DEC | £326,000 | £356,241 | 8% below HPI |
2014 28 APR | £216,000 | £253,357 | 15% below HPI |
2004 8 APR | £169,950 | £198,019 | 14% below HPI |
1997 13 NOV | £70,000 | £81,295 | 14% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 14 NEWBURY WAY sales between November 1997 and December 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 April 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
14 NEWBURY WAY is 106m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 14 NEWBURY WAY lies on this distribution: 46% of detached houses are smaller than 14 NEWBURY WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.
14 NEWBURY WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 14 NEWBURY 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 14 NEWBURY 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.
14 NEWBURY WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 14 on NEWBURY WAY.