492, FELSHAM WAY, TAVERHAM, NORWICH, NR8 6XQ - £327,500

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

492 FELSHAM WAY is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £327,500 in August 2019, which was around 4% below the average August 2019 detached price in the Broadland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

492 FELSHAM WAY Sold Prices

Land registry data shows three sales for 492 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. One of the three 492 FELSHAM WAY sales was for below the average price, whilst two were 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
2019 16 AUG	£327,500	£342,621	4% below HPI
2006 30 MAR	£235,000	£220,904	6% above HPI
2000 20 OCT	£126,500	£119,350	6% above HPI

492 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 492 FELSHAM WAY sales between October 2000 and August 2019 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 March 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 492 FELSHAM WAY?

492 FELSHAM WAY is 115m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% 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 492 FELSHAM WAY lies on this distribution: 57% of detached houses are smaller than 492 FELSHAM WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

492 FELSHAM WAY: Plot and Title Map

492 FELSHAM WAY sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 492 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 492 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 492 FELSHAM WAY?

492 FELSHAM WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 492 on FELSHAM WAY.