23, MEMORIAL WAY, LINGWOOD, NORWICH, NR13 4DU - £217,500

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

23 MEMORIAL WAY is a very small detached house of 74m². It was last sold for £217,500 in January 2019, which was around 38% below the average January 2019 detached price in the Broadland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

23 MEMORIAL WAY Sold Prices

Land registry data shows two sales for 23 MEMORIAL 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 23 MEMORIAL 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
2019 22 JAN	£217,500	£349,804	38% below HPI
2015 10 JUL	£180,000	£278,512	35% below HPI

23 MEMORIAL 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 23 MEMORIAL WAY sales from July 2015 and January 2019 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 July 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 23 MEMORIAL WAY?

23 MEMORIAL WAY is 74m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 23 MEMORIAL WAY lies on this distribution: 13% of detached houses are smaller than 23 MEMORIAL WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

23 MEMORIAL WAY: Plot and Title Map

23 MEMORIAL WAY sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 23 MEMORIAL 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 MEMORIAL 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 MEMORIAL WAY?

23 MEMORIAL WAY is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 23 on MEMORIAL WAY.