23, MEADOW WAY, NORWICH, NR6 5NN - £245,000

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

23 MEADOW WAY is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £245,000 in December 2015, which was around 17% below the average December 2015 detached price in the Broadland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

23 MEADOW WAY Sold Prices

Land registry data shows three sales for 23 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 23 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
2015 7 DEC	£245,000	£296,371	17% below HPI
2007 23 FEB	£219,950	£246,443	11% below HPI
2001 11 JUL	£118,500	£129,818	9% below HPI

23 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 three 23 MEADOW WAY sales between July 2001 and December 2015 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 February 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 MEADOW WAY?

23 MEADOW WAY is 140m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 23 MEADOW WAY lies on this distribution: 75% of detached houses are smaller than 23 MEADOW WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Norwich.

23 MEADOW WAY: Plot and Title Map

23 MEADOW WAY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 23 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 23 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 23 MEADOW WAY?

23 MEADOW WAY is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 23 on MEADOW WAY.