16, SYLVAN WAY, TAVERHAM, NORWICH, NR8 6XD - £585,000

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 SYLVAN WAY is a large detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £577,229. It was last sold for £585,000 in December 2022, which was around 36% above the average December 2022 detached price in the Broadland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

16 SYLVAN WAY Sold Prices

Land registry data shows two sales for 16 SYLVAN 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 SYLVAN WAY sales were for above 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
2022 16 DEC	£585,000	£429,248	36% above HPI
2002 1 MAR	£233,995	£147,742	58% above HPI

16 SYLVAN 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 SYLVAN WAY sales from March 2002 and December 2022 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 2002 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 16 SYLVAN WAY be worth now?

16 SYLVAN WAY might now be worth an estimated £577,229.

This is based on house price deflation of 1.3%, between December 2022 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% deflationary decrease is applied to the most recent sale price for 16 SYLVAN WAY of £585,000 on 16th December 2022. For the value to have decreased from £585,000 to £577,229 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 SYLVAN WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2022 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SYLVAN WAY has not materially changed since December 2022.

How Large is 16 SYLVAN WAY?

16 SYLVAN WAY is 145m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses houses in Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drayton, and where 16 SYLVAN WAY lies on this distribution: 67% of detached houses houses are smaller than 16 SYLVAN WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Drayton.

16 SYLVAN WAY: Plot and Title Map

16 SYLVAN WAY sits on a plot of roughly 1.4 acres, or 5,606m². The below map shows the location of 16 SYLVAN 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 SYLVAN 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 SYLVAN WAY?

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