28, ALICANTE WAY, NORWICH, NR5 8BX - £246,500

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.

28 ALICANTE WAY is a small extended detached house of 97m², built sometime from 2007 onwards, which could now be worth an estimated £318,586. It was last sold for £246,500 in June 2016, which was around 31% below the average June 2016 detached price in the Norwich local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

28 ALICANTE WAY Sold Prices

Land registry data shows two sales for 28 ALICANTE 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 Norwich local authority area for the corresponding sale date. Both of the two 28 ALICANTE 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
2016 3 JUN	£246,500	£357,525	31% below HPI
2006 21 DEC	£179,950	£277,754	35% below HPI

28 ALICANTE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 28 ALICANTE WAY sales from December 2006 and June 2016 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 December 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 28 ALICANTE WAY be worth now?

28 ALICANTE WAY might now be worth an estimated £318,586.

This is based on house price inflation of 29.2%, between June 2016 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.2% inflationary increase is applied to the most recent sale price for 28 ALICANTE WAY of £246,500 on 3rd June 2016. For the value to have increased from £246,500 to £318,586 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 28 ALICANTE WAY has moved in line with the HPI for detached houses in the Norwich local authority area.
• The June 2016 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 28 ALICANTE WAY has not materially changed since June 2016.

How Large is 28 ALICANTE WAY?

28 ALICANTE WAY is 97m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the smallest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 28 ALICANTE WAY lies on this distribution: 37% of detached houses houses are smaller than 28 ALICANTE WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Norwich.

28 ALICANTE WAY: Plot and Title Map

28 ALICANTE WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 28 ALICANTE 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 28 ALICANTE 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 28 ALICANTE WAY?

28 ALICANTE WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 28 on ALICANTE WAY.