40, MACMILLAN WAY, LITTLE PLUMSTEAD, NORWICH, NR13 5FE - £248,000

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 MACMILLAN WAY is a small detached house of 98m², built sometime between 2003 and 2006. It was last sold for £248,000 in March 2021, which was around 31% below the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

40 MACMILLAN WAY Sold Prices

Land registry data shows two sales for 40 MACMILLAN 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 40 MACMILLAN 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
2021 29 MAR	£248,000	£360,070	31% below HPI
2006 21 APR	£196,995	£223,437	12% below HPI

40 MACMILLAN 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 40 MACMILLAN WAY sales from April 2006 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 April 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 40 MACMILLAN WAY?

40 MACMILLAN WAY is 98m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Little Plumstead, based on EPC data. The below chart shows the distribution of detached houses by size in Little Plumstead, and where 40 MACMILLAN WAY lies on this distribution: 29% of detached houses are smaller than 40 MACMILLAN WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

40 MACMILLAN WAY: Plot and Title Map

40 MACMILLAN WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 40 MACMILLAN 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 MACMILLAN 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 MACMILLAN WAY?

40 MACMILLAN WAY is located in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 40 on MACMILLAN WAY.