18, HEROLF WAY, HARLESTON, IP20 9QA - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 HEROLF WAY is a small extended detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £303,794. It was last sold for £305,000 in November 2024, which was around 30% below the average November 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

18 HEROLF WAY Sold Prices

Land registry data shows five sales for 18 HEROLF WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 18 HEROLF 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
2024 1 NOV	£305,000	£433,090	30% below HPI
2022 5 APR	£260,000	£414,453	37% below HPI
2013 6 DEC	£195,000	£258,648	25% below HPI
2006 18 AUG	£172,000	£246,376	30% below HPI
2002 7 JUN	£112,000	£158,295	29% below HPI

18 HEROLF 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 five 18 HEROLF WAY sales between June 2002 and November 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 April 2022 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 18 HEROLF WAY be worth now?

18 HEROLF WAY might now be worth an estimated £303,794.

This is based on house price deflation of 0.4%, between November 2024 and December 2024, 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 0.4% deflationary decrease is applied to the most recent sale price for 18 HEROLF WAY of £305,000 on 1st November 2024. For the value to have decreased from £305,000 to £303,794 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 18 HEROLF WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2024 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HEROLF WAY has not materially changed since November 2024.

How Large is 18 HEROLF WAY?

18 HEROLF WAY is 77m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses houses in Harleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harleston, and where 18 HEROLF WAY lies on this distribution: 24% of detached houses houses are smaller than 18 HEROLF WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Harleston.

18 HEROLF WAY: Plot and Title Map

18 HEROLF WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 18 HEROLF 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 18 HEROLF 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 18 HEROLF WAY?

18 HEROLF WAY is located in HARLESTON, in the IP20 postcode district. The below map shows the position of No. 18 on HEROLF WAY.