5, TAGG WAY, RACKHEATH, NORWICH, NR13 6SQ - £187,000

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 TAGG WAY is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £187,000 in August 2004, which was around 13% below the average August 2004 detached price in the Broadland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

5 TAGG WAY Sold Prices

Land registry data shows two sales for 5 TAGG 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 TAGG 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
2004 31 AUG	£187,000	£215,428	13% below HPI
1998 2 OCT	£81,500	£87,138	6% below HPI

5 TAGG 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 TAGG WAY sales from October 1998 and August 2004 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 October 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2004 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 TAGG WAY?

5 TAGG WAY is 95m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 5 TAGG WAY lies on this distribution: 32% of detached houses are smaller than 5 TAGG WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

5 TAGG WAY: Plot and Title Map

5 TAGG WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 5 TAGG 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 TAGG 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 TAGG WAY?

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