5, WALTERS ROAD, TAVERHAM, NORWICH, NR8 6NP - £217,500

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 WALTERS ROAD is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £217,500 in January 2015, which was around 21% below the average January 2015 detached price in the Broadland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

5 WALTERS ROAD Sold Prices

Land registry data shows three sales for 5 WALTERS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 5 WALTERS ROAD 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
2015 7 JAN	£217,500	£273,799	21% below HPI
2007 14 SEP	£215,000	£263,791	18% below HPI
2006 24 AUG	£175,000	£235,524	26% below HPI

5 WALTERS ROAD 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 three 5 WALTERS ROAD sales between August 2006 and January 2015 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 WALTERS ROAD?

5 WALTERS ROAD is 82m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 WALTERS ROAD lies on this distribution: 13% of detached houses are smaller than 5 WALTERS ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Taverham.

5 WALTERS ROAD: Plot and Title Map

5 WALTERS ROAD sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 5 WALTERS ROAD, 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 WALTERS ROAD). 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 WALTERS ROAD?

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