5, THACKER WAY, NORWICH, NR5 9PS - £270,000

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 THACKER WAY is a very small detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £262,576. It was last sold for £270,000 in October 2023, which was around 43% below the average October 2023 detached price in the Norwich local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

5 THACKER WAY Sold Prices

Land registry data shows two sales for 5 THACKER 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 THACKER 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
2023 2 OCT	£270,000	£477,108	43% below HPI
2004 21 SEP	£144,995	£240,980	40% below HPI

5 THACKER 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 THACKER WAY sales from September 2004 and October 2023 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 September 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 5 THACKER WAY be worth now?

5 THACKER WAY might now be worth an estimated £262,576.

This is based on house price deflation of 2.7%, between October 2023 and December 2024, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% deflationary decrease is applied to the most recent sale price for 5 THACKER WAY of £270,000 on 2nd October 2023. For the value to have decreased from £270,000 to £262,576 over the ten months to December 2024, the following assumptions must hold true:

• The value of 5 THACKER WAY has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THACKER WAY has not materially changed since October 2023.

How Large is 5 THACKER WAY?

5 THACKER WAY is 78m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 5 THACKER WAY lies on this distribution: 16% of detached houses houses are smaller than 5 THACKER WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Norwich.

5 THACKER WAY: Plot and Title Map

5 THACKER WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 5 THACKER 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 THACKER 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 THACKER WAY?

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