16, ALDER WAY, TAVERHAM, NORWICH, NR8 6YD - £167,000

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

16 ALDER WAY is a midsized detached house of 108m², built sometime between 1991 and 1995. It was last sold for £167,000 in July 2010, which was around 30% below the average July 2010 detached price in the Broadland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

16 ALDER WAY Sold Prices

Land registry data shows two sales for 16 ALDER 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 Broadland local authority area for the corresponding sale date. Both of the two 16 ALDER 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 2 JUL	£167,000	£239,586	30% below HPI
2002 13 SEP	£137,000	£171,935	20% below HPI

16 ALDER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 16 ALDER WAY sales from September 2002 and July 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 September 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2010 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 ALDER WAY?

16 ALDER WAY is 108m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 16 ALDER WAY lies on this distribution: 43% of detached houses are smaller than 16 ALDER WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Taverham.

16 ALDER WAY: Plot and Title Map

16 ALDER WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 16 ALDER 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 16 ALDER 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 16 ALDER WAY?

16 ALDER WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 16 on ALDER WAY.