2, WILLOW WAY, HORSFORD, NORWICH, NR10 3GE - £317,000

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 WILLOW WAY is a very small detached house of 93m², built in 2020. It was last sold for £317,000 in July 2024, which was around 26% below the average July 2024 detached price in the Broadland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was A, and the potential energy rating was A.

2 WILLOW WAY Sold Prices

Land registry data shows two sales for 2 WILLOW 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 Broadland local authority area for the corresponding sale date. Both of the two 2 WILLOW 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
2024 2 JUL	£317,000	£427,090	26% below HPI
2021 18 JUN	£308,995	£361,326	14% below HPI

2 WILLOW 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 two 2 WILLOW WAY sales from June 2021 and July 2024 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 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WILLOW WAY?

2 WILLOW WAY is 93m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Horsford, based on EPC data. The below chart shows the distribution of detached houses by size in Horsford, and where 2 WILLOW WAY lies on this distribution: 16% of detached houses are smaller than 2 WILLOW WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Horsford.

2 WILLOW WAY: Plot and Title Map

2 WILLOW WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 2 WILLOW 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 WILLOW 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 WILLOW WAY?

2 WILLOW WAY is located in HORSFORD, in the NR10 postcode district. The below map shows the position of No. 2 on WILLOW WAY.