40, ADMIRALS WAY, HETHERSETT, NORWICH, NR9 3AQ - £198,000

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

40 ADMIRALS WAY is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £198,000 in December 2016, which was around 37% below the average December 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

40 ADMIRALS WAY Sold Prices

Land registry data shows two sales for 40 ADMIRALS 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 40 ADMIRALS 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 16 DEC	£198,000	£314,871	37% below HPI
2002 26 JUL	£118,000	£161,784	27% below HPI

40 ADMIRALS 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 40 ADMIRALS WAY sales from July 2002 and December 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 July 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 40 ADMIRALS WAY?

40 ADMIRALS WAY is 60m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 40 ADMIRALS WAY lies on this distribution: 2% of detached houses are smaller than 40 ADMIRALS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

40 ADMIRALS WAY: Plot and Title Map

40 ADMIRALS WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 40 ADMIRALS 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 40 ADMIRALS 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 40 ADMIRALS WAY?

40 ADMIRALS WAY is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 40 on ADMIRALS WAY.