15, VICTORIA WAY, NEW COSTESSEY, NORWICH, NR5 0NR - £155,750

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

15 VICTORIA WAY is a very small semi-detached house of 55m², built sometime between 1996 and 2002. It was last sold for £155,750 in October 2010, which was around 35% below the average October 2010 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

15 VICTORIA WAY Sold Prices

Land registry data shows two sales for 15 VICTORIA 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 South Norfolk local authority area for the corresponding sale date. Both of the two 15 VICTORIA 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
2010 15 OCT	£155,750	£238,872	35% below HPI
1997 14 MAR	£49,000	£78,922	38% below HPI

15 VICTORIA 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 two 15 VICTORIA WAY sales from March 1997 and October 2010 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 March 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2010 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 VICTORIA WAY?

15 VICTORIA WAY is 55m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 15 VICTORIA WAY lies on this distribution: 2% of detached houses are smaller than 15 VICTORIA WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 VICTORIA WAY: Plot and Title Map

15 VICTORIA WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 15 VICTORIA 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 VICTORIA 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 VICTORIA WAY?

15 VICTORIA WAY is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 15 on VICTORIA WAY.