15, CROWN WAY, BANHAM, NORWICH, NR16 2EY - £285,000

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

15 CROWN WAY is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £285,000 in February 2023, which was around 24% below the average February 2023 detached price in the Breckland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

15 CROWN WAY Sold Prices

Land registry data shows two sales for 15 CROWN 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 Breckland local authority area for the corresponding sale date. Both of the two 15 CROWN 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
2023 16 FEB	£285,000	£374,451	24% below HPI
2001 19 OCT	£93,000	£125,665	26% below HPI

15 CROWN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 15 CROWN WAY sales from October 2001 and February 2023 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 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 CROWN WAY?

15 CROWN WAY is 73m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where 15 CROWN WAY lies on this distribution: 8% of detached houses are smaller than 15 CROWN WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Banham.

15 CROWN WAY: Plot and Title Map

15 CROWN WAY sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 15 CROWN 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 15 CROWN 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 15 CROWN WAY?

15 CROWN WAY is located in BANHAM, in the NR16 postcode district. The below map shows the position of No. 15 on CROWN WAY.