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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 MEMORIAL WAY is a very small detached house of 74m², which could now be worth an estimated £260,737. 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	£353,311	38% below HPI
2015 10 JUL	£180,000	£281,303	36% 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 36% below the HPI. So the extrapolation line tracks at 36% 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.

What might 23 MEMORIAL WAY be worth now?

23 MEMORIAL WAY might now be worth an estimated £260,737.

This is based on house price inflation of 19.9%, between January 2019 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 19.9% inflationary increase is applied to the most recent sale price for 23 MEMORIAL WAY of £217,500 on 22nd January 2019. For the value to have increased from £217,500 to £260,737 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 23 MEMORIAL WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2019 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 23 MEMORIAL WAY has not materially changed since January 2019.

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 houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lingwood, and where 23 MEMORIAL WAY lies on this distribution: 13% of detached houses 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.