3, WALPOLE WAY, FREETHORPE, NORWICH, NR13 3SX - £330,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 WALPOLE WAY is a small extended detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £324,490. It was last sold for £330,000 in September 2022, which was around 23% below the average September 2022 detached price in the Broadland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

3 WALPOLE WAY Sold Prices

Land registry data shows three sales for 3 WALPOLE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 3 WALPOLE 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 23 SEP	£330,000	£430,738	23% below HPI
2017 21 APR	£250,000	£324,012	23% below HPI
2006 6 JUN	£138,000	£232,449	41% below HPI

3 WALPOLE 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 three 3 WALPOLE WAY sales between June 2006 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 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, which was also at 23% below the HPI.

What might 3 WALPOLE WAY be worth now?

3 WALPOLE WAY might now be worth an estimated £324,490.

This is based on house price deflation of 1.7%, between September 2022 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 1.7% deflationary decrease is applied to the most recent sale price for 3 WALPOLE WAY of £330,000 on 23rd September 2022. For the value to have decreased from £330,000 to £324,490 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 WALPOLE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WALPOLE WAY has not materially changed since September 2022.

How Large is 3 WALPOLE WAY?

3 WALPOLE WAY is 88m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses houses in Freethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freethorpe, and where 3 WALPOLE WAY lies on this distribution: 37% of detached houses houses are smaller than 3 WALPOLE WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Freethorpe.

3 WALPOLE WAY: Plot and Title Map

3 WALPOLE WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 WALPOLE 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 WALPOLE 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 WALPOLE WAY?

3 WALPOLE WAY is located in FREETHORPE, in the NR13 postcode district. The below map shows the position of No. 3 on WALPOLE WAY.