5, HIGH WAY, LINGWOOD, NORWICH, NR13 4BU - £270,000

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 HIGH WAY is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £270,000 in February 2024, which was around 32% below the average February 2024 detached price in the Broadland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

5 HIGH WAY Sold Prices

Land registry data shows three sales for 5 HIGH 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 HIGH 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
2024 23 FEB	£270,000	£397,218	32% below HPI
2004 5 MAR	£130,000	£195,089	33% below HPI
1998 31 DEC	£12,500	£84,492	85% below HPI

5 HIGH 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 HIGH WAY sales between December 1998 and February 2024 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 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 HIGH WAY?

5 HIGH WAY is 65m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 5 HIGH WAY lies on this distribution: 6% of detached houses are smaller than 5 HIGH WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

5 HIGH WAY: Plot and Title Map

5 HIGH WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 5 HIGH 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 HIGH 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 HIGH WAY?

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