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
48 DESBOROUGH WAY is a midsized detached house of 113m², built sometime between 2003 and 2006. It was last sold for £233,000 in December 2006, which was around 5% below the average December 2006 detached price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 48 DESBOROUGH WAY since 1st 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. One of the two 48 DESBOROUGH WAY sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2006 14 DEC | £233,000 | £244,135 | 5% below HPI |
2003 26 SEP | £205,600 | £198,807 | 3% above HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 48 DESBOROUGH WAY sales from September 2003 and December 2006 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 September 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2006 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
48 DESBOROUGH WAY is 113m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 48 DESBOROUGH WAY lies on this distribution: 55% of detached houses are smaller than 48 DESBOROUGH WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Norwich.
48 DESBOROUGH WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 48 DESBOROUGH 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 48 DESBOROUGH 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.
48 DESBOROUGH WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 48 on DESBOROUGH WAY.