4, HARNESS MAKER WAY, HETHERSETT, NORWICH, NR9 3FY - £322,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 HARNESS MAKER WAY is a small detached house of 94m², which could now be worth an estimated £327,413. It was last sold for £322,000 in April 2023, which was around 26% below the average April 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.

4 HARNESS MAKER WAY Sold Prices

Land registry data shows two sales for 4 HARNESS MAKER 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 South Norfolk local authority area for the corresponding sale date. Both of the two 4 HARNESS MAKER 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
2023 21 APR	£322,000	£432,819	26% below HPI
2020 21 DEC	£269,000	£374,902	28% below HPI

4 HARNESS MAKER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 4 HARNESS MAKER WAY sales from December 2020 and April 2023 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 December 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 HARNESS MAKER WAY be worth now?

4 HARNESS MAKER WAY might now be worth an estimated £327,413.

This is based on house price inflation of 1.7%, between April 2023 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% inflationary increase is applied to the most recent sale price for 4 HARNESS MAKER WAY of £322,000 on 21st April 2023. For the value to have increased from £322,000 to £327,413 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 4 HARNESS MAKER WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2023 sale price of £322,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HARNESS MAKER WAY has not materially changed since April 2023.

How Large is 4 HARNESS MAKER WAY?

4 HARNESS MAKER WAY is 94m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hethersett, and where 4 HARNESS MAKER WAY lies on this distribution: 34% of detached houses houses are smaller than 4 HARNESS MAKER WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

4 HARNESS MAKER WAY: Plot and Title Map

4 HARNESS MAKER WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 4 HARNESS MAKER 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 HARNESS MAKER 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 4 HARNESS MAKER WAY?

4 HARNESS MAKER WAY is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 4 on HARNESS MAKER WAY.