5, WADES WAY, TRUNCH, NORTH WALSHAM, NR28 0PW - £168,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 WADES WAY is a small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £168,000 in September 2011, which was around 31% below the average September 2011 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

5 WADES WAY Sold Prices

Land registry data shows three sales for 5 WADES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 5 WADES 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
2011 5 SEP	£168,000	£241,865	31% below HPI
2010 16 SEP	£145,000	£241,414	40% below HPI
1996 26 SEP	£40,040	£69,055	42% below HPI

5 WADES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 5 WADES WAY sales between September 1996 and September 2011 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 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2011 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 WADES WAY?

5 WADES WAY is 73m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses by size in Trunch, and where 5 WADES WAY lies on this distribution: 22% of detached houses are smaller than 5 WADES WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Trunch.

5 WADES WAY: Plot and Title Map

5 WADES WAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 5 WADES 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 WADES 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 WADES WAY?

5 WADES WAY is located in TRUNCH, in the NR28 postcode district. The below map shows the position of No. 5 on WADES WAY.