29, TUNGATE WAY, HORSTEAD, NORWICH, NR12 7EN - £323,000

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.

29 TUNGATE WAY is a midsized extended detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £377,253. It was last sold for £323,000 in January 2021, which was around 11% below the average January 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

29 TUNGATE WAY Sold Prices

Land registry data shows four sales for 29 TUNGATE 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 Broadland local authority area for the corresponding sale date. Most of the four 29 TUNGATE 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
2021 15 JAN	£323,000	£362,636	11% below HPI
2011 16 MAY	£214,000	£234,280	9% below HPI
1999 15 OCT	£87,000	£94,932	8% below HPI
1996 29 NOV	£79,995	£73,477	9% above HPI

29 TUNGATE 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 four 29 TUNGATE WAY sales between November 1996 and January 2021 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 May 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 29 TUNGATE WAY be worth now?

29 TUNGATE WAY might now be worth an estimated £377,253.

This is based on house price inflation of 16.8%, between January 2021 and February 2025, 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 16.8% inflationary increase is applied to the most recent sale price for 29 TUNGATE WAY of £323,000 on 15th January 2021. For the value to have increased from £323,000 to £377,253 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 29 TUNGATE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2021 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 29 TUNGATE WAY has not materially changed since January 2021.

How Large is 29 TUNGATE WAY?

29 TUNGATE WAY is 117m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horstead, and where 29 TUNGATE WAY lies on this distribution: 60% of detached houses houses are smaller than 29 TUNGATE WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Horstead.

29 TUNGATE WAY: Plot and Title Map

29 TUNGATE WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 29 TUNGATE 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 TUNGATE 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 TUNGATE WAY?

29 TUNGATE WAY is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 29 on TUNGATE WAY.