2, BURROUGHS WAY, WYMONDHAM, NR18 0WE - £340,000

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 BURROUGHS WAY is a midsized detached house of 105m², built sometime between 2003 and 2006. It was last sold for £340,000 in March 2020, which was around 3% below the average March 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2 BURROUGHS WAY Sold Prices

Land registry data shows two sales for 2 BURROUGHS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 2 BURROUGHS WAY 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
2020 27 MAR	£340,000	£349,462	3% below HPI
2004 30 JUN	£216,950	£202,894	7% above HPI

2 BURROUGHS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 2 BURROUGHS WAY sales from June 2004 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 June 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 BURROUGHS WAY?

2 BURROUGHS WAY is 105m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 2 BURROUGHS WAY lies on this distribution: 48% of detached houses are smaller than 2 BURROUGHS WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

2 BURROUGHS WAY: Plot and Title Map

2 BURROUGHS WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 2 BURROUGHS 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 BURROUGHS 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 BURROUGHS WAY?

2 BURROUGHS WAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 2 on BURROUGHS WAY.