32, LUSCOMBE WAY, RACKHEATH, NORWICH, NR13 6SS - £375,000

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

32 LUSCOMBE WAY is a large extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £375,000 in October 2018, which was around 10% above the average October 2018 detached price in the Broadland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

32 LUSCOMBE WAY Sold Prices

Land registry data shows two sales for 32 LUSCOMBE 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 32 LUSCOMBE WAY sales were for above 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
2018 22 OCT	£375,000	£339,399	10% above HPI
2002 11 APR	£168,950	£149,012	13% above HPI

32 LUSCOMBE 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 32 LUSCOMBE WAY sales from April 2002 and October 2018 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 32 LUSCOMBE WAY?

32 LUSCOMBE WAY is 144m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 32 LUSCOMBE WAY lies on this distribution: 77% of detached houses are smaller than 32 LUSCOMBE WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

32 LUSCOMBE WAY: Plot and Title Map

32 LUSCOMBE WAY sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 32 LUSCOMBE 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 32 LUSCOMBE 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 32 LUSCOMBE WAY?

32 LUSCOMBE WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 32 on LUSCOMBE WAY.