28, MORGANS WAY, HEVINGHAM, NORWICH, NR10 5PD - £165,000

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

28 MORGANS WAY is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £288,303. It was last sold for £165,000 in May 2013, which was around 33% below the average May 2013 detached price in the Broadland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

28 MORGANS WAY Sold Prices

Land registry data shows three sales for 28 MORGANS 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 28 MORGANS 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
2013 31 MAY	£165,000	£245,696	33% below HPI
2004 15 SEP	£146,000	£220,296	34% below HPI
2003 13 NOV	£145,000	£196,944	26% below HPI

28 MORGANS 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 28 MORGANS WAY sales between November 2003 and May 2013 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 September 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2013 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 28 MORGANS WAY be worth now?

28 MORGANS WAY might now be worth an estimated £288,303.

This is based on house price inflation of 74.7%, between May 2013 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 74.7% inflationary increase is applied to the most recent sale price for 28 MORGANS WAY of £165,000 on 31st May 2013. For the value to have increased from £165,000 to £288,303 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of 28 MORGANS WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MORGANS WAY has not materially changed since May 2013.

How Large is 28 MORGANS WAY?

28 MORGANS WAY is 71m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses houses in Hevingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hevingham, and where 28 MORGANS WAY lies on this distribution: 3% of detached houses houses are smaller than 28 MORGANS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Hevingham.

28 MORGANS WAY: Plot and Title Map

28 MORGANS WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 28 MORGANS 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 MORGANS 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 MORGANS WAY?

28 MORGANS WAY is located in HEVINGHAM, in the NR10 postcode district. The below map shows the position of No. 28 on MORGANS WAY.