3, BIRKBECK WAY, NORWICH, NR7 0XZ - £195,000

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

3 BIRKBECK WAY is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £195,000 in June 2016, which was around 37% below the average June 2016 detached price in the Broadland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

3 BIRKBECK WAY Sold Prices

Land registry data shows two sales for 3 BIRKBECK 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 3 BIRKBECK 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
2016 9 JUN	£195,000	£307,659	37% below HPI
1997 27 MAR	£17,250	£75,224	77% below HPI

3 BIRKBECK 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 3 BIRKBECK WAY sales from March 1997 and June 2016 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 March 1997 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the June 2016 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 BIRKBECK WAY?

3 BIRKBECK WAY is 98m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 BIRKBECK WAY lies on this distribution: 38% of detached houses are smaller than 3 BIRKBECK WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 BIRKBECK WAY: Plot and Title Map

3 BIRKBECK WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 BIRKBECK 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 BIRKBECK 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 BIRKBECK WAY?

3 BIRKBECK WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 3 on BIRKBECK WAY.