480, FELSHAM WAY, TAVERHAM, NORWICH, NR8 6XQ - £175,000

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

480 FELSHAM WAY is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £175,000 in April 2014, which was around 31% below the average April 2014 detached price in the Broadland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

480 FELSHAM WAY Sold Prices

Land registry data shows four sales for 480 FELSHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 480 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
2014 24 APR	£175,000	£253,357	31% below HPI
2010 12 NOV	£160,000	£237,277	33% below HPI
2004 2 JUL	£174,950	£206,097	15% below HPI
1999 25 JUN	£74,500	£90,114	17% below HPI

480 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 four 480 FELSHAM WAY sales between June 1999 and April 2014 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 November 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 480 FELSHAM WAY?

480 FELSHAM WAY is 60m² according to the EPC inspection conducted in August 2010. 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 480 FELSHAM WAY lies on this distribution: 3% of detached houses are smaller than 480 FELSHAM WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

480 FELSHAM WAY: Plot and Title Map

480 FELSHAM WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 480 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 480 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 480 FELSHAM WAY?

480 FELSHAM WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 480 on FELSHAM WAY.