3, BEE ORCHID WAY, THARSTON, NORWICH, NR15 2ZS - £400,000

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.

3 BEE ORCHID WAY is a large detached house of 126m², which could now be worth an estimated £402,525. It was last sold for £400,000 in September 2022, which was around 9% below the average September 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

3 BEE ORCHID WAY Sold Prices

Land registry data shows two sales for 3 BEE ORCHID 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 South Norfolk local authority area for the corresponding sale date. Both of the two 3 BEE ORCHID 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
2022 16 SEP	£400,000	£437,334	9% below HPI
2019 3 APR	£304,995	£351,272	13% below HPI

3 BEE ORCHID WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 3 BEE ORCHID WAY sales from April 2019 and September 2022 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 April 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 BEE ORCHID WAY be worth now?

3 BEE ORCHID WAY might now be worth an estimated £402,525.

This is based on house price inflation of 0.6%, between September 2022 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.6% inflationary increase is applied to the most recent sale price for 3 BEE ORCHID WAY of £400,000 on 16th September 2022. For the value to have increased from £400,000 to £402,525 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 BEE ORCHID WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BEE ORCHID WAY has not materially changed since September 2022.

How Large is 3 BEE ORCHID WAY?

3 BEE ORCHID WAY is 126m² according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Stratton, and where 3 BEE ORCHID WAY lies on this distribution: 66% of detached houses houses are smaller than 3 BEE ORCHID WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

3 BEE ORCHID WAY: Plot and Title Map

3 BEE ORCHID WAY sits on a plot of roughly 6.7 acres, or 26,980m². The below map shows the location of 3 BEE ORCHID 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 3 BEE ORCHID 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 3 BEE ORCHID WAY?

3 BEE ORCHID WAY is located in THARSTON, in the NR15 postcode district. The below map shows the position of No. 3 on BEE ORCHID WAY.