50, NORGATE WAY, TAVERHAM, NORWICH, NR8 6TX - £266,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

50 NORGATE WAY is a midsized semi-detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £309,647. It was last sold for £266,000 in June 2021, which was around 13% above the average June 2021 semi-detached price in the Broadland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

50 NORGATE WAY Sold Prices

Land registry data shows six sales for 50 NORGATE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. All of the six 50 NORGATE WAY sales were for above 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
2021 11 JUN	£266,000	£236,192	13% above HPI
2011 18 FEB	£170,000	£148,026	15% above HPI
2007 25 MAY	£209,000	£167,356	25% above HPI
2006 19 MAY	£170,000	£151,526	12% above HPI
1998 24 JUL	£68,000	£52,737	29% above HPI
1997 28 FEB	£56,000	£47,902	17% above HPI

50 NORGATE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The six 50 NORGATE WAY sales between February 1997 and June 2021 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 February 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 50 NORGATE WAY be worth now?

50 NORGATE WAY might now be worth an estimated £309,647.

This is based on house price inflation of 16.4%, between June 2021 and February 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 50 NORGATE WAY of £266,000 on 11th June 2021. For the value to have increased from £266,000 to £309,647 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 50 NORGATE WAY has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The June 2021 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 50 NORGATE WAY has not materially changed since June 2021.

How Large is 50 NORGATE WAY?

50 NORGATE WAY is 116m² according to the EPC inspection conducted in January 2021. This puts it in the largest 50% of semi-detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Taverham, and where 50 NORGATE WAY lies on this distribution: 52% of semi-detached houses houses are smaller than 50 NORGATE WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Taverham.

50 NORGATE WAY: Plot and Title Map

50 NORGATE WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 50 NORGATE 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 50 NORGATE 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 50 NORGATE WAY?

50 NORGATE WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 50 on NORGATE WAY.