5, FLETCHER WAY, ACLE, NORWICH, NR13 3RQ - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 FLETCHER WAY is a very large extended detached house of 247m², built sometime between 1991 and 1995. It was last sold for £490,000 in December 2020, which was around 38% above the average December 2020 detached price in the Broadland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

5 FLETCHER WAY Sold Prices

Land registry data shows three sales for 5 FLETCHER 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 5 FLETCHER WAY sales 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
2020 14 DEC	£490,000	£356,241	38% above HPI
2016 6 JAN	£380,000	£298,964	27% above HPI
2001 24 AUG	£175,000	£132,302	32% above HPI

5 FLETCHER 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 5 FLETCHER WAY sales between August 2001 and December 2020 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 January 2016 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 5 FLETCHER WAY?

5 FLETCHER WAY is 247m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 5 FLETCHER WAY lies on this distribution: More than 99% of detached houses are smaller than 5 FLETCHER WAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Acle.

5 FLETCHER WAY: Plot and Title Map

5 FLETCHER WAY sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 5 FLETCHER 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 5 FLETCHER 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 5 FLETCHER WAY?

5 FLETCHER WAY is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 5 on FLETCHER WAY.