28, SCRUMPY WAY, BANHAM, NORWICH, NR16 2SU - £168,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 SCRUMPY WAY is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £168,500 in March 2013, which was around 18% below the average March 2013 detached price in the Breckland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

28 SCRUMPY WAY Sold Prices

Land registry data shows four sales for 28 SCRUMPY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 28 SCRUMPY 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 27 MAR	£168,500	£204,385	18% below HPI
2009 22 DEC	£154,000	£198,842	23% below HPI
2004 5 JUL	£152,500	£192,190	21% below HPI
2002 9 APR	£92,950	£132,305	30% below HPI

28 SCRUMPY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four 28 SCRUMPY WAY sales between April 2002 and March 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 December 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 28 SCRUMPY WAY?

28 SCRUMPY WAY is 75m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where 28 SCRUMPY WAY lies on this distribution: 13% of detached houses are smaller than 28 SCRUMPY WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Banham.

28 SCRUMPY WAY: Plot and Title Map

28 SCRUMPY WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 28 SCRUMPY 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 SCRUMPY 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 SCRUMPY WAY?

28 SCRUMPY WAY is located in BANHAM, in the NR16 postcode district. The below map shows the position of No. 28 on SCRUMPY WAY.