39, WADES WAY, TRUNCH, NORTH WALSHAM, NR28 0PW - £210,000

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.

39 WADES WAY is a small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £261,627. It was last sold for £210,000 in May 2020, which was around 39% below the average May 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

39 WADES WAY Sold Prices

Land registry data shows two sales for 39 WADES 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 North Norfolk local authority area for the corresponding sale date. Both of the two 39 WADES 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
2020 22 MAY	£210,000	£345,804	39% below HPI
2000 10 JUL	£84,000	£107,973	22% below HPI

39 WADES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 39 WADES WAY sales from July 2000 and May 2020 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 July 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 39 WADES WAY be worth now?

39 WADES WAY might now be worth an estimated £261,627.

This is based on house price inflation of 24.6%, between May 2020 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 39 WADES WAY of £210,000 on 22nd May 2020. For the value to have increased from £210,000 to £261,627 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 39 WADES WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 39 WADES WAY has not materially changed since May 2020.

How Large is 39 WADES WAY?

39 WADES WAY is 75m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trunch, and where 39 WADES WAY lies on this distribution: 27% of detached houses houses are smaller than 39 WADES WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Trunch.

39 WADES WAY: Plot and Title Map

39 WADES WAY sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 39 WADES 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 39 WADES 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 39 WADES WAY?

39 WADES WAY is located in TRUNCH, in the NR28 postcode district. The below map shows the position of No. 39 on WADES WAY.