40, WADES WAY, TRUNCH, NORTH WALSHAM, NR28 0PW - £290,000

40 WADES WAY is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £290,000 in June 2021, which was around 25% below the average June 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

40 WADES WAY Sold Prices

Land registry data shows three sales for 40 WADES 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 North Norfolk local authority area for the corresponding sale date. All of the three 40 WADES 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 3 JUN	£290,000	£386,352	25% below HPI
2014 15 OCT	£189,450	£270,209	30% below HPI
2012 28 JUN	£130,000	£234,748	45% below HPI

40 WADES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 40 WADES WAY sales between June 2012 and June 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 October 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 WADES WAY?

40 WADES WAY is 65m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses by size in Trunch, and where 40 WADES WAY lies on this distribution: 9% of detached houses are smaller than 40 WADES WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Trunch.

40 WADES WAY: Plot and Title Map

40 WADES WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 40 WADES 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 WADES 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 WADES WAY?

40 WADES WAY is located in TRUNCH, in the NR28 postcode district. The below map shows the position of No. 40 on WADES WAY.