20, TUNGATE WAY, HORSTEAD, NORWICH, NR12 7EN - £365,000

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

20 TUNGATE WAY is a midsized detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £368,740. It was last sold for £365,000 in October 2024, which was around 13% below the average October 2024 detached price in the Broadland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

20 TUNGATE WAY Sold Prices

Land registry data shows six sales for 20 TUNGATE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the six 20 TUNGATE 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 4 OCT	£365,000	£419,250	13% below HPI
2019 28 JUN	£295,000	£345,755	15% below HPI
2019 21 JUN	£290,000	£345,755	16% below HPI
2017 17 MAR	£275,000	£323,175	15% below HPI
2013 15 JAN	£212,500	£240,950	12% below HPI
1998 6 FEB	£90,702	£81,374	11% above HPI

20 TUNGATE 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 six 20 TUNGATE WAY sales between February 1998 and October 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 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 20 TUNGATE WAY be worth now?

20 TUNGATE WAY might now be worth an estimated £368,740.

This is based on house price inflation of 1%, between October 2024 and February 2025, 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 1% inflationary increase is applied to the most recent sale price for 20 TUNGATE WAY of £365,000 on 4th October 2024. For the value to have increased from £365,000 to £368,740 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 20 TUNGATE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 20 TUNGATE WAY has not materially changed since October 2024.

How Large is 20 TUNGATE WAY?

20 TUNGATE WAY is 115m² according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horstead, and where 20 TUNGATE WAY lies on this distribution: 54% of detached houses houses are smaller than 20 TUNGATE WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Horstead.

20 TUNGATE WAY: Plot and Title Map

20 TUNGATE WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 20 TUNGATE 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 20 TUNGATE 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 20 TUNGATE WAY?

20 TUNGATE WAY is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 20 on TUNGATE WAY.