5, MORGANS WAY, HEVINGHAM, NORWICH, NR10 5PD - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MORGANS WAY is a very small semi-detached house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £191,350. It was last sold for £160,000 in August 2020, which was around 30% below the average August 2020 semi-detached price in the Broadland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

5 MORGANS WAY Sold Prices

Land registry data shows four sales for 5 MORGANS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. All of the four 5 MORGANS 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
2020 14 AUG	£160,000	£229,902	30% below HPI
2005 18 NOV	£119,950	£145,726	18% below HPI
2000 15 DEC	£60,000	£72,674	17% below HPI
1998 3 JUL	£47,000	£52,737	11% below HPI

5 MORGANS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The four 5 MORGANS WAY sales between July 1998 and August 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 November 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 MORGANS WAY be worth now?

5 MORGANS WAY might now be worth an estimated £191,350.

This is based on house price inflation of 19.6%, between August 2020 and February 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 5 MORGANS WAY of £160,000 on 14th August 2020. For the value to have increased from £160,000 to £191,350 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MORGANS WAY has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The August 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MORGANS WAY has not materially changed since August 2020.

How Large is 5 MORGANS WAY?

5 MORGANS WAY is 53m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Hevingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hevingham, and where 5 MORGANS WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 5 MORGANS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hevingham.

5 MORGANS WAY: Plot and Title Map

5 MORGANS WAY sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 5 MORGANS 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 MORGANS 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 MORGANS WAY?

5 MORGANS WAY is located in HEVINGHAM, in the NR10 postcode district. The below map shows the position of No. 5 on MORGANS WAY.