37, CUTLER WAY, NORWICH, NR5 9NG - £215,000

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

37 CUTLER WAY is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £215,000 in August 2007, which was around 25% below the average August 2007 detached price in the Norwich local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

37 CUTLER WAY Sold Prices

Land registry data shows three sales for 37 CUTLER 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 Norwich local authority area for the corresponding sale date. All of the three 37 CUTLER 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
2007 31 AUG	£215,000	£287,812	25% below HPI
2004 8 OCT	£186,000	£230,541	19% below HPI
1999 8 NOV	£84,950	£103,946	18% below HPI

37 CUTLER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 37 CUTLER WAY sales between November 1999 and August 2007 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2007 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 37 CUTLER WAY?

37 CUTLER WAY is 117m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 37 CUTLER WAY lies on this distribution: 60% of detached houses are smaller than 37 CUTLER WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

37 CUTLER WAY: Plot and Title Map

37 CUTLER WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 37 CUTLER 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 37 CUTLER 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 37 CUTLER WAY?

37 CUTLER WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 37 on CUTLER WAY.