46, DR TORRENS WAY, NEW COSTESSEY, NORWICH, NR5 0GB - £290,000

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

46 DR TORRENS WAY is a very large detached house of 171m², built sometime from 2007 onwards. It was last sold for £290,000 in April 2022, which was around 28% below the average April 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

46 DR TORRENS WAY Sold Prices

Land registry data shows three sales for 46 DR TORRENS 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 46 DR TORRENS 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
2022 7 APR	£290,000	£401,860	28% below HPI
2014 23 JUN	£200,000	£260,087	23% below HPI
2012 23 MAR	£156,000	£226,302	31% below HPI

46 DR TORRENS 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 46 DR TORRENS WAY sales between March 2012 and April 2022 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 June 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 46 DR TORRENS WAY?

46 DR TORRENS WAY is 171m² according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 46 DR TORRENS WAY lies on this distribution: 89% of detached houses are smaller than 46 DR TORRENS WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Norwich.

46 DR TORRENS WAY: Plot and Title Map

46 DR TORRENS WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 46 DR TORRENS 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 46 DR TORRENS 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 46 DR TORRENS WAY?

46 DR TORRENS WAY is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 46 on DR TORRENS WAY.