43, ADMIRALS WAY, HETHERSETT, NORWICH, NR9 3AQ - £225,000

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

43 ADMIRALS WAY is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £225,000 in July 2015, which was around 19% below the average July 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

43 ADMIRALS WAY Sold Prices

Land registry data shows three sales for 43 ADMIRALS 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. All of the three 43 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
2015 9 JUL	£225,000	£276,945	19% below HPI
2001 2 AUG	£123,500	£136,149	9% below HPI
1998 16 JUN	£76,995	£81,964	6% below HPI

43 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 three 43 ADMIRALS WAY sales between June 1998 and July 2015 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 August 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 43 ADMIRALS WAY?

43 ADMIRALS WAY is 82m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 43 ADMIRALS WAY lies on this distribution: 15% of detached houses are smaller than 43 ADMIRALS WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

43 ADMIRALS WAY: Plot and Title Map

43 ADMIRALS WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 43 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 43 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 43 ADMIRALS WAY?

43 ADMIRALS WAY is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 43 on ADMIRALS WAY.