2, BENDISH WAY, NORWICH, NR5 9NW - £300,000

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

2 BENDISH WAY is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £300,000 in March 2020, which was around 22% below the average March 2020 detached price in the Norwich local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 BENDISH WAY Sold Prices

Land registry data shows three sales for 2 BENDISH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Two of the three 2 BENDISH WAY sales were for below the average price, whilst one was 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
2020 16 MAR	£300,000	£385,215	22% below HPI
2005 11 AUG	£229,000	£236,009	3% below HPI
2003 10 MAR	£232,500	£206,214	13% above HPI

2 BENDISH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 2 BENDISH WAY sales between March 2003 and March 2020 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 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 BENDISH WAY?

2 BENDISH WAY is 125m² according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2 BENDISH WAY lies on this distribution: 67% of detached houses are smaller than 2 BENDISH WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 BENDISH WAY: Plot and Title Map

2 BENDISH WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 BENDISH 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 2 BENDISH 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 2 BENDISH WAY?

2 BENDISH WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 2 on BENDISH WAY.