5, SHAKESPEARE WAY, TAVERHAM, NORWICH, NR8 6SH - £316,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 SHAKESPEARE WAY is a large extended detached house of 134m², built sometime between 1976 and 1982. It was last sold for £316,000 in July 2018, which was around 4% below the average July 2018 detached price in the Broadland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

5 SHAKESPEARE WAY Sold Prices

Land registry data shows two sales for 5 SHAKESPEARE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 5 SHAKESPEARE 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
2018 6 JUL	£316,000	£330,862	4% below HPI
2010 10 JUN	£208,000	£237,749	13% below HPI

5 SHAKESPEARE 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 two 5 SHAKESPEARE WAY sales from June 2010 and July 2018 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 June 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 SHAKESPEARE WAY?

5 SHAKESPEARE WAY is 134m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 5 SHAKESPEARE WAY lies on this distribution: 72% of detached houses are smaller than 5 SHAKESPEARE WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Taverham.

5 SHAKESPEARE WAY: Plot and Title Map

5 SHAKESPEARE WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 5 SHAKESPEARE 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 SHAKESPEARE 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 SHAKESPEARE WAY?

5 SHAKESPEARE WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 5 on SHAKESPEARE WAY.