16, WELBOURNE WAY, BARNBY, BECCLES, NR34 7QX - £425,000

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 WELBOURNE WAY is a large extended detached house of 153m², built sometime between 1996 and 2002. It was last sold for £425,000 in August 2024, which was about the average August 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

16 WELBOURNE WAY Sold Prices

Land registry data shows two sales for 16 WELBOURNE 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 East Suffolk local authority area for the corresponding sale date. One of the two 16 WELBOURNE WAY sales was roughly equal to 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
2024 30 AUG	£425,000	£425,104	Close to HPI
1998 14 JAN	£50,000	£84,213	41% below HPI

16 WELBOURNE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 16 WELBOURNE WAY sales from January 1998 and August 2024 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 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 WELBOURNE WAY?

16 WELBOURNE WAY is 153m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Barnby, based on EPC data. The below chart shows the distribution of detached houses by size in Barnby, and where 16 WELBOURNE WAY lies on this distribution: 61% of detached houses are smaller than 16 WELBOURNE WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Barnby.

16 WELBOURNE WAY: Plot and Title Map

16 WELBOURNE WAY sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 16 WELBOURNE 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 WELBOURNE 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 WELBOURNE WAY?

16 WELBOURNE WAY is located in BARNBY, in the NR34 postcode district. The below map shows the position of No. 16 on WELBOURNE WAY.