31, TAGG WAY, RACKHEATH, NORWICH, NR13 6SQ - £247,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 TAGG WAY is a very small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £310,493. It was last sold for £247,500 in August 2017, which was around 27% below the average August 2017 detached price in the Broadland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

31 TAGG WAY Sold Prices

Land registry data shows two sales for 31 TAGG 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 31 TAGG 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
2017 11 AUG	£247,500	£337,617	27% below HPI
1999 11 JUN	£75,995	£91,017	17% below HPI

31 TAGG 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 31 TAGG WAY sales from June 1999 and August 2017 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 June 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 31 TAGG WAY be worth now?

31 TAGG WAY might now be worth an estimated £310,493.

This is based on house price inflation of 25.5%, between August 2017 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 25.5% inflationary increase is applied to the most recent sale price for 31 TAGG WAY of £247,500 on 11th August 2017. For the value to have increased from £247,500 to £310,493 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 31 TAGG WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2017 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 31 TAGG WAY has not materially changed since August 2017.

How Large is 31 TAGG WAY?

31 TAGG WAY is 84m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rackheath, and where 31 TAGG WAY lies on this distribution: 18% of detached houses houses are smaller than 31 TAGG WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

31 TAGG WAY: Plot and Title Map

31 TAGG WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 31 TAGG 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 TAGG 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 TAGG WAY?

31 TAGG WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 31 on TAGG WAY.