18, SYLVAN WAY, TAVERHAM, NORWICH, NR8 6XD - £535,000

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.

18 SYLVAN WAY is a very large detached house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £554,150. It was last sold for £535,000 in April 2022, which was around 31% above the average April 2022 detached price in the Broadland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

18 SYLVAN WAY Sold Prices

Land registry data shows four sales for 18 SYLVAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 18 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 12 APR	£535,000	£408,909	31% above HPI
2010 9 JUL	£332,500	£241,987	37% above HPI
2006 24 MAY	£330,000	£228,588	44% above HPI
2002 3 MAY	£264,995	£152,857	73% above HPI

18 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 four 18 SYLVAN WAY sales between May 2002 and April 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 July 2010 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2022 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 18 SYLVAN WAY be worth now?

18 SYLVAN WAY might now be worth an estimated £554,150.

This is based on house price inflation of 3.6%, between April 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 3.6% inflationary increase is applied to the most recent sale price for 18 SYLVAN WAY of £535,000 on 12th April 2022. For the value to have increased from £535,000 to £554,150 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 18 SYLVAN WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The April 2022 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SYLVAN WAY has not materially changed since April 2022.

How Large is 18 SYLVAN WAY?

18 SYLVAN WAY is 187m² according to the EPC inspection conducted in January 2021. This puts it in the largest 20% 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 18 SYLVAN WAY lies on this distribution: 86% of detached houses houses are smaller than 18 SYLVAN WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Drayton.

18 SYLVAN WAY: Plot and Title Map

18 SYLVAN WAY sits on a plot of roughly 1.4 acres, or 5,606m². The below map shows the location of 18 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 18 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 18 SYLVAN WAY?

18 SYLVAN WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 18 on SYLVAN WAY.