516, FELSHAM WAY, TAVERHAM, NORWICH, NR8 6XQ - £190,000

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.

516 FELSHAM WAY is a very small extended semi-detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £266,981. It was last sold for £190,000 in May 2016, which was around 3% below the average May 2016 semi-detached price in the Broadland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

516 FELSHAM WAY Sold Prices

Land registry data shows three sales for 516 FELSHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. One of the three 516 FELSHAM WAY sales was for below the average price, whilst two 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
2016 18 MAY	£190,000	£195,670	3% below HPI
1999 11 JUN	£58,500	£56,898	3% above HPI
1996 30 JUL	£47,000	£45,823	3% above HPI

516 FELSHAM 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 three 516 FELSHAM WAY sales between July 1996 and May 2016 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 June 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 516 FELSHAM WAY be worth now?

516 FELSHAM WAY might now be worth an estimated £266,981.

This is based on house price inflation of 40.5%, between May 2016 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 40.5% inflationary increase is applied to the most recent sale price for 516 FELSHAM WAY of £190,000 on 18th May 2016. For the value to have increased from £190,000 to £266,981 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 516 FELSHAM WAY has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The May 2016 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 516 FELSHAM WAY has not materially changed since May 2016.

How Large is 516 FELSHAM WAY?

516 FELSHAM WAY is 79m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of semi-detached houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thorpe Marriot, and where 516 FELSHAM WAY lies on this distribution: 16% of semi-detached houses houses are smaller than 516 FELSHAM WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

516 FELSHAM WAY: Plot and Title Map

516 FELSHAM WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 516 FELSHAM 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 516 FELSHAM 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 516 FELSHAM WAY?

516 FELSHAM WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 516 on FELSHAM WAY.