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
31 MEADOW WAY is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £172,500 in December 2009, which was around 24% below the average December 2009 detached price in the Broadland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 31 MEADOW WAY since 1st 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 31 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 |
---|---|---|---|
2009 15 DEC | £172,500 | £226,937 | 24% below HPI |
2009 14 MAY | £131,000 | £212,292 | 38% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 31 MEADOW WAY sales from May 2009 and December 2009 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 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2009 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
31 MEADOW WAY is 71m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 31 MEADOW WAY lies on this distribution: 10% of detached houses are smaller than 31 MEADOW WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.
31 MEADOW WAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 31 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 31 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.
31 MEADOW WAY is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 31 on MEADOW WAY.