23, PEDDARS WAY, TAVERHAM, NORWICH, NR8 6UN - £195,105

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

23 PEDDARS WAY is a very small detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £203,685. It was last sold for £195,105 in September 2023, which was around 53% below the average September 2023 detached price in the Broadland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was B.

23 PEDDARS WAY Sold Prices

Land registry data shows three sales for 23 PEDDARS 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 PEDDARS 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
2023 29 SEP	£195,105	£411,218	53% below HPI
2018 6 MAR	£185,000	£337,624	45% below HPI
2003 17 FEB	£106,000	£184,450	43% below HPI

23 PEDDARS 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 PEDDARS WAY sales between February 2003 and September 2023 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 March 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 23 PEDDARS WAY be worth now?

23 PEDDARS WAY might now be worth an estimated £203,685.

This is based on house price inflation of 4.4%, between September 2023 and December 2024, 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 4.4% inflationary increase is applied to the most recent sale price for 23 PEDDARS WAY of £195,105 on 29th September 2023. For the value to have increased from £195,105 to £203,685 over the nine months to December 2024, the following assumptions must hold true:

• The value of 23 PEDDARS WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2023 sale price of £195,105 represented a fair market value for the property.
• The size, condition, and specification of 23 PEDDARS WAY has not materially changed since September 2023.

How Large is 23 PEDDARS WAY?

23 PEDDARS WAY is 64m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 23 PEDDARS WAY lies on this distribution: 2% of detached houses houses are smaller than 23 PEDDARS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Taverham.

23 PEDDARS WAY: Plot and Title Map

23 PEDDARS WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 23 PEDDARS 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 PEDDARS 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 PEDDARS WAY?

23 PEDDARS WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 23 on PEDDARS WAY.