15, WILLOW WAY, LUDHAM, GREAT YARMOUTH, NR29 5QS - £247,000

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 WILLOW WAY is a large extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £247,000 in February 2021, which was around 34% below the average February 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

15 WILLOW WAY Sold Prices

Land registry data shows three sales for 15 WILLOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 15 WILLOW 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
2021 3 FEB	£247,000	£375,732	34% below HPI
2007 18 MAY	£130,000	£233,180	44% below HPI
2004 23 APR	£150,000	£192,678	22% below HPI

15 WILLOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 15 WILLOW WAY sales between April 2004 and February 2021 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 May 2007 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 WILLOW WAY?

15 WILLOW WAY is 122m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where 15 WILLOW WAY lies on this distribution: 64% of detached houses are smaller than 15 WILLOW WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Ludham.

15 WILLOW WAY: Plot and Title Map

15 WILLOW WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 15 WILLOW 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 WILLOW 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 WILLOW WAY?

15 WILLOW WAY is located in LUDHAM, in the NR29 postcode district. The below map shows the position of No. 15 on WILLOW WAY.