40, BURROUGHS WAY, WYMONDHAM, NR18 0WE - £415,000

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

40 BURROUGHS WAY is a midsized detached house of 100m², built sometime between 2003 and 2006. It was last sold for £415,000 in August 2024, which was around 3% above the average August 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

40 BURROUGHS WAY Sold Prices

Land registry data shows three sales for 40 BURROUGHS 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 South Norfolk local authority area for the corresponding sale date. Two of the three 40 BURROUGHS WAY sales were for above the average price, whilst one was 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
2024 8 AUG	£415,000	£401,374	3% above HPI
2019 20 NOV	£345,500	£341,931	1% above HPI
2003 19 DEC	£174,500	£198,990	12% below HPI

40 BURROUGHS 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 three 40 BURROUGHS WAY sales between December 2003 and August 2024 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 November 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 40 BURROUGHS WAY?

40 BURROUGHS WAY is 100m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 40 BURROUGHS WAY lies on this distribution: 43% of detached houses are smaller than 40 BURROUGHS WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

40 BURROUGHS WAY: Plot and Title Map

40 BURROUGHS WAY sits on a plot of roughly 0.176 of an acre, or 710m². The below map shows the location of 40 BURROUGHS 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 BURROUGHS 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 BURROUGHS WAY?

40 BURROUGHS WAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 40 on BURROUGHS WAY.