5, SOMERSET WAY, TAVERHAM, NORWICH, NR8 6TJ - £220,000

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 SOMERSET WAY is a large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £220,000 in November 2003, which was around 13% above the average November 2003 detached price in the Broadland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

5 SOMERSET WAY Sold Prices

Land registry data shows two sales for 5 SOMERSET 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 SOMERSET 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
2003 14 NOV	£220,000	£194,990	13% above HPI
1998 7 JUL	£100,000	£83,844	19% above HPI

5 SOMERSET 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 SOMERSET WAY sales from July 1998 and November 2003 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 July 1998 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2003 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 5 SOMERSET WAY?

5 SOMERSET WAY is 144m², which includes two extensions, according to the EPC inspection conducted in August 2015. 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 SOMERSET WAY lies on this distribution: 78% of detached houses are smaller than 5 SOMERSET WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Taverham.

5 SOMERSET WAY: Plot and Title Map

5 SOMERSET WAY sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 5 SOMERSET 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 SOMERSET 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 SOMERSET WAY?

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