3, MEADOW WAY, PORINGLAND, NORWICH, NR14 7LZ - £300,000

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

3 MEADOW WAY is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £300,000 in October 2021, which was around 21% below the average October 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

3 MEADOW WAY Sold Prices

Land registry data shows two sales for 3 MEADOW 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 MEADOW 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 OCT	£300,000	£381,736	21% below HPI
2010 20 AUG	£168,000	£243,141	31% below HPI

3 MEADOW 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 MEADOW WAY sales from August 2010 and October 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 August 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 MEADOW WAY?

3 MEADOW WAY is 92m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 3 MEADOW WAY lies on this distribution: 21% of detached houses are smaller than 3 MEADOW WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Poringland.

3 MEADOW WAY: Plot and Title Map

3 MEADOW WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 3 MEADOW 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 MEADOW 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 MEADOW WAY?

3 MEADOW WAY is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 3 on MEADOW WAY.