5, SPEEDWELL WAY, NORWICH, NR5 9HP - £195,000

5 SPEEDWELL WAY is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £195,000 in April 2005, which was around 15% below the average April 2005 detached price in the Norwich local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

5 SPEEDWELL WAY Sold Prices

Land registry data shows two sales for 5 SPEEDWELL 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 Norwich local authority area for the corresponding sale date. Both of the two 5 SPEEDWELL 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
2005 15 APR	£195,000	£228,849	15% below HPI
2001 30 MAR	£124,950	£130,279	4% below HPI

5 SPEEDWELL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 5 SPEEDWELL WAY sales from March 2001 and April 2005 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 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2005 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 SPEEDWELL WAY?

5 SPEEDWELL WAY is 111m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 5 SPEEDWELL WAY lies on this distribution: 52% of detached houses are smaller than 5 SPEEDWELL WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 SPEEDWELL WAY: Plot and Title Map

5 SPEEDWELL WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 5 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL WAY?

5 SPEEDWELL WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 5 on SPEEDWELL WAY.