19, INDEPENDENT WAY, NORWICH, NR7 0UX - £250,000

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

19 INDEPENDENT WAY is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £250,000 in August 2023, which was around 39% below the average August 2023 detached price in the Broadland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

19 INDEPENDENT WAY Sold Prices

Land registry data shows five sales for 19 INDEPENDENT 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 Broadland local authority area for the corresponding sale date. All of the five 19 INDEPENDENT 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
2023 17 AUG	£250,000	£411,602	39% below HPI
2017 3 JUL	£230,000	£329,246	30% below HPI
2006 12 MAY	£169,000	£226,319	25% below HPI
2000 23 JUN	£75,750	£106,661	29% below HPI
1998 27 NOV	£69,950	£85,178	18% below HPI

19 INDEPENDENT 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 five 19 INDEPENDENT WAY sales between November 1998 and August 2023 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 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 19 INDEPENDENT WAY?

19 INDEPENDENT WAY is 70m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 19 INDEPENDENT WAY lies on this distribution: 9% of detached houses are smaller than 19 INDEPENDENT WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.

19 INDEPENDENT WAY: Plot and Title Map

19 INDEPENDENT WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 19 INDEPENDENT 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 19 INDEPENDENT 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 19 INDEPENDENT WAY?

19 INDEPENDENT WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 19 on INDEPENDENT WAY.