474, FELSHAM WAY, TAVERHAM, NORWICH, NR8 6XQ - £100,000

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

474 FELSHAM WAY is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £100,000 in October 2008, which was around 56% below the average October 2008 detached price in the Broadland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

474 FELSHAM WAY Sold Prices

Land registry data shows three sales for 474 FELSHAM 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 Broadland local authority area for the corresponding sale date. All of the three 474 FELSHAM 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
2008 3 OCT	£100,000	£229,653	56% below HPI
2003 8 AUG	£140,000	£194,271	28% below HPI
1995 27 APR	£58,350	£70,047	17% below HPI

474 FELSHAM 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 three 474 FELSHAM WAY sales between April 1995 and October 2008 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2008 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 474 FELSHAM WAY?

474 FELSHAM WAY is 67m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Marriot, and where 474 FELSHAM WAY lies on this distribution: 5% of detached houses are smaller than 474 FELSHAM WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

474 FELSHAM WAY: Plot and Title Map

474 FELSHAM WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 474 FELSHAM 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 474 FELSHAM 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 474 FELSHAM WAY?

474 FELSHAM WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 474 on FELSHAM WAY.