18, WILLOUGHBY WAY, RACKHEATH, NORWICH, NR13 6SL - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 WILLOUGHBY WAY is a large extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £400,000 in March 2021, which was around 11% above the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

18 WILLOUGHBY WAY Sold Prices

Land registry data shows six sales for 18 WILLOUGHBY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. three of the six 18 WILLOUGHBY WAY sales were for above the average price, and six 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
2021 15 MAR	£400,000	£360,070	11% above HPI
2013 23 AUG	£235,000	£250,158	6% below HPI
2005 9 MAY	£215,000	£216,210	1% below HPI
2003 13 JUN	£183,000	£186,947	2% below HPI
2001 30 MAR	£122,000	£121,289	1% above HPI
1998 25 SEP	£98,100	£86,668	13% above HPI

18 WILLOUGHBY 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 six 18 WILLOUGHBY WAY sales between September 1998 and March 2021 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 August 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 18 WILLOUGHBY WAY?

18 WILLOUGHBY WAY is 148m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 18 WILLOUGHBY WAY lies on this distribution: 80% of detached houses are smaller than 18 WILLOUGHBY WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

18 WILLOUGHBY WAY: Plot and Title Map

18 WILLOUGHBY WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 18 WILLOUGHBY 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 WILLOUGHBY 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 WILLOUGHBY WAY?

18 WILLOUGHBY WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 18 on WILLOUGHBY WAY.