4, WITHY WAY, TAVERHAM, NORWICH, NR8 6YB - £185,000

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

4 WITHY WAY is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £185,000 in September 2019, which was around 46% below the average September 2019 detached price in the Broadland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

4 WITHY WAY Sold Prices

Land registry data shows three sales for 4 WITHY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. The three 4 WITHY WAY sales were a mix of below the average price, and roughly equal to 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
2019 25 SEP	£185,000	£339,727	46% below HPI
2015 5 OCT	£252,500	£296,001	15% below HPI
1996 29 NOV	£72,500	£72,748	Close to HPI

4 WITHY 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 three 4 WITHY WAY sales between November 1996 and September 2019 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 4 WITHY WAY?

4 WITHY WAY is 116m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 4 WITHY WAY lies on this distribution: 52% of detached houses are smaller than 4 WITHY WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Taverham.

4 WITHY WAY: Plot and Title Map

4 WITHY WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 4 WITHY 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 WITHY 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 WITHY WAY?

4 WITHY WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 4 on WITHY WAY.