29, LUSCOMBE WAY, RACKHEATH, NORWICH, NR13 6SS - £292,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 LUSCOMBE WAY is a large detached house of 143m², built sometime between 1996 and 2002. It was last sold for £292,000 in May 2013, which was around 20% above the average May 2013 detached price in the Broadland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

29 LUSCOMBE WAY Sold Prices

Land registry data shows two sales for 29 LUSCOMBE 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 29 LUSCOMBE WAY sales were for above 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 3 MAY	£292,000	£243,258	20% above HPI
2002 20 SEP	£181,950	£171,935	6% above HPI

29 LUSCOMBE 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 29 LUSCOMBE WAY sales from September 2002 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 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2013 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 29 LUSCOMBE WAY?

29 LUSCOMBE WAY is 143m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 29 LUSCOMBE WAY lies on this distribution: 77% of detached houses are smaller than 29 LUSCOMBE WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

29 LUSCOMBE WAY: Plot and Title Map

29 LUSCOMBE WAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 29 LUSCOMBE 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 29 LUSCOMBE 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 29 LUSCOMBE WAY?

29 LUSCOMBE WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 29 on LUSCOMBE WAY.