4, SAM SMITH WAY, RACKHEATH, NORWICH, NR13 6TB - £425,000

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 SAM SMITH WAY is a very large detached house of 154m². It was last sold for £425,000 in March 2021, which was around 18% above the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

4 SAM SMITH WAY Sold Prices

Land registry data shows two sales for 4 SAM SMITH 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 4 SAM SMITH WAY sales were for above 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
2021 15 MAR	£425,000	£360,070	18% above HPI
2018 24 AUG	£425,000	£332,179	28% above HPI

4 SAM SMITH 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 4 SAM SMITH WAY sales from August 2018 and March 2021 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 August 2018 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 4 SAM SMITH WAY?

4 SAM SMITH WAY is 154m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 4 SAM SMITH WAY lies on this distribution: 83% of detached houses are smaller than 4 SAM SMITH WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

4 SAM SMITH WAY: Plot and Title Map

4 SAM SMITH WAY sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 4 SAM SMITH 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 SAM SMITH 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 SAM SMITH WAY?

4 SAM SMITH WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 4 on SAM SMITH WAY.