31, NELSON WAY, HEVINGHAM, NORWICH, NR10 5PB - £360,000

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

31 NELSON WAY is a small extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £360,000 in October 2022, which was around 15% below the average October 2022 detached price in the Broadland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

31 NELSON WAY Sold Prices

Land registry data shows four sales for 31 NELSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 31 NELSON 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 28 OCT	£360,000	£425,623	15% below HPI
2013 3 MAY	£174,000	£243,258	28% below HPI
2004 30 JAN	£167,000	£194,683	14% below HPI
1996 25 JUL	£63,000	£71,943	12% below HPI

31 NELSON 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 four 31 NELSON WAY sales between July 1996 and October 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 May 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 31 NELSON WAY?

31 NELSON WAY is 112m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Hevingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hevingham, and where 31 NELSON WAY lies on this distribution: 39% of detached houses are smaller than 31 NELSON WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Hevingham.

31 NELSON WAY: Plot and Title Map

31 NELSON WAY sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 31 NELSON 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 NELSON 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 31 NELSON WAY?

31 NELSON WAY is located in HEVINGHAM, in the NR10 postcode district. The below map shows the position of No. 31 on NELSON WAY.