2, BROADGATE, TAVERHAM, NORWICH, NR8 6GH - £104,500

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

2 BROADGATE is a midsized detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £366,209. It was last sold for £104,500 in March 2001, which was around 15% below the average March 2001 detached price in the Broadland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 BROADGATE Sold Prices

Land registry data shows two sales for 2 BROADGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. One of the two 2 BROADGATE sales was for below the average price, whilst the other 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
2001 30 MAR	£104,500	£122,504	15% below HPI
1998 20 FEB	£90,350	£81,374	11% above HPI

2 BROADGATE 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 two 2 BROADGATE sales from February 1998 and March 2001 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 February 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2001 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 BROADGATE be worth now?

2 BROADGATE might now be worth an estimated £366,209.

This is based on house price inflation of 250.4%, between March 2001 and December 2024, 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 250.4% inflationary increase is applied to the most recent sale price for 2 BROADGATE of £104,500 on 30th March 2001. For the value to have increased from £104,500 to £366,209 over the 22 years and three months to December 2024, the following assumptions must hold true:

• The value of 2 BROADGATE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2001 sale price of £104,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BROADGATE has not materially changed since March 2001.

How Large is 2 BROADGATE?

2 BROADGATE is 107m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 2 BROADGATE lies on this distribution: 41% of detached houses houses are smaller than 2 BROADGATE, and 58% of houses are larger. Note that EPC data is not available for all properties in Taverham.

2 BROADGATE: Plot and Title Map

2 BROADGATE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 BROADGATE, 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 BROADGATE). 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 BROADGATE?

2 BROADGATE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 2 on BROADGATE.