39, WATHEN WAY, MARSHAM, NORWICH, NR10 5PZ - £125,000

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

39 WATHEN WAY is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £125,000 in September 2013, which was around 51% below the average September 2013 detached price in the Broadland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

39 WATHEN WAY Sold Prices

Land registry data shows two sales for 39 WATHEN 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 39 WATHEN 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
2013 18 SEP	£125,000	£253,159	51% below HPI
2011 7 OCT	£125,000	£234,372	47% below HPI

39 WATHEN 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 39 WATHEN WAY sales from October 2011 and September 2013 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 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2013 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 39 WATHEN WAY?

39 WATHEN WAY is 66m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Marsham, based on EPC data. The below chart shows the distribution of detached houses by size in Marsham, and where 39 WATHEN WAY lies on this distribution: Less than 1% of detached houses are smaller than 39 WATHEN WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Marsham.

39 WATHEN WAY: Plot and Title Map

39 WATHEN WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 39 WATHEN 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 WATHEN 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 WATHEN WAY?

39 WATHEN WAY is located in MARSHAM, in the NR10 postcode district. The below map shows the position of No. 39 on WATHEN WAY.