2, MEADOW WAY, NORWICH, NR6 5NW - £142,500

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

2 MEADOW WAY is a very small detached house of 62m², built sometime between 1900 and 1929. It was last sold for £142,500 in October 2011, which was around 39% below the average October 2011 detached price in the Broadland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

2 MEADOW WAY Sold Prices

Land registry data shows four sales for 2 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 2 MEADOW 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
2011 21 OCT	£142,500	£234,372	39% below HPI
2001 31 AUG	£98,000	£132,302	26% below HPI
1999 16 SEP	£60,000	£92,513	35% below HPI
1995 28 FEB	£41,750	£69,066	40% below HPI

2 MEADOW 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 four 2 MEADOW WAY sales between February 1995 and October 2011 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 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2011 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 MEADOW WAY?

2 MEADOW WAY is 62m² according to the EPC inspection conducted in June 2011. 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 2 MEADOW WAY lies on this distribution: 4% of detached houses are smaller than 2 MEADOW WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 MEADOW WAY: Plot and Title Map

2 MEADOW WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 MEADOW 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 MEADOW 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 MEADOW WAY?

2 MEADOW WAY is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 2 on MEADOW WAY.