2, HEREWARD WAY, WEETING, BRANDON, IP27 0QL - £215,000

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 HEREWARD WAY is a small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £215,000 in November 2018, which was around 29% below the average November 2018 detached price in the Breckland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

2 HEREWARD WAY Sold Prices

Land registry data shows two sales for 2 HEREWARD 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 Breckland local authority area for the corresponding sale date. Both of the two 2 HEREWARD 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
2018 23 NOV	£215,000	£301,278	29% below HPI
2017 17 AUG	£157,000	£284,311	45% below HPI

2 HEREWARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 2 HEREWARD WAY sales from August 2017 and November 2018 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 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 HEREWARD WAY?

2 HEREWARD WAY is 74m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of detached houses in Weeting, based on EPC data. The below chart shows the distribution of detached houses by size in Weeting, and where 2 HEREWARD WAY lies on this distribution: 26% of detached houses are smaller than 2 HEREWARD WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Weeting.

2 HEREWARD WAY: Plot and Title Map

2 HEREWARD WAY sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of 2 HEREWARD 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 HEREWARD 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 HEREWARD WAY?

2 HEREWARD WAY is located in WEETING, in the IP27 postcode district. The below map shows the position of No. 2 on HEREWARD WAY.