16, LAKELAND WAY, HETHERSETT, NORWICH, NR9 3QA - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 LAKELAND WAY is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £467,909. It was last sold for £160,000 in April 2002, which was around 6% above the average April 2002 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

16 LAKELAND WAY Sold Prices

Land registry data shows two sales for 16 LAKELAND 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. One of the two 16 LAKELAND WAY sales was for above the average price, whilst the other was 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
2002 3 APR	£160,000	£150,489	6% above HPI
1995 10 JAN	£72,995	£80,568	9% below HPI

16 LAKELAND 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 16 LAKELAND WAY sales from January 1995 and April 2002 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 January 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2002 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 16 LAKELAND WAY be worth now?

16 LAKELAND WAY might now be worth an estimated £467,909.

This is based on house price inflation of 192.4%, between April 2002 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 192.4% inflationary increase is applied to the most recent sale price for 16 LAKELAND WAY of £160,000 on 3rd April 2002. For the value to have increased from £160,000 to £467,909 over the 23 years and two months to February 2025, the following assumptions must hold true:

• The value of 16 LAKELAND WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2002 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAKELAND WAY has not materially changed since April 2002.

How Large is 16 LAKELAND WAY?

16 LAKELAND WAY is 108m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hethersett, and where 16 LAKELAND WAY lies on this distribution: 49% of detached houses houses are smaller than 16 LAKELAND WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

16 LAKELAND WAY: Plot and Title Map

16 LAKELAND WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 16 LAKELAND 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 LAKELAND 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 LAKELAND WAY?

16 LAKELAND WAY is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 16 on LAKELAND WAY.