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
4 GRANARY WAY is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £290,000 in August 2016, which was around 30% below the average August 2016 detached price in the Arun local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 GRANARY WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 4 GRANARY 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 |
---|---|---|---|
2016 31 AUG | £290,000 | £416,490 | 30% below HPI |
2007 9 FEB | £237,000 | £315,334 | 25% below HPI |
2004 27 FEB | £205,000 | £269,455 | 24% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 4 GRANARY WAY sales between February 2004 and August 2016 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 February 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
4 GRANARY WAY is 103m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where 4 GRANARY WAY lies on this distribution: 42% of detached houses are smaller than 4 GRANARY WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Wick.
4 GRANARY WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 4 GRANARY 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 4 GRANARY 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.
4 GRANARY WAY is located in WICK, in the BN17 postcode district. The below map shows the position of No. 4 on GRANARY WAY.