517, FELSHAM WAY, TAVERHAM, NORWICH, NR8 6HQ - £221,000

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

517 FELSHAM WAY is a large detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £366,073. It was last sold for £221,000 in September 2013, which was around 14% below the average September 2013 detached price in the Broadland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

517 FELSHAM WAY Sold Prices

Land registry data shows three sales for 517 FELSHAM 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 Broadland local authority area for the corresponding sale date. All of the three 517 FELSHAM 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
2013 20 SEP	£221,000	£255,697	14% below HPI
2003 12 JUN	£179,950	£188,821	5% below HPI
2000 8 DEC	£116,000	£117,848	2% below HPI

517 FELSHAM WAY 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 517 FELSHAM WAY sales between December 2000 and September 2013 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 517 FELSHAM WAY be worth now?

517 FELSHAM WAY might now be worth an estimated £366,073.

This is based on house price inflation of 65.6%, between September 2013 and February 2025, for 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 65.6% inflationary increase is applied to the most recent sale price for 517 FELSHAM WAY of £221,000 on 20th September 2013. For the value to have increased from £221,000 to £366,073 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 517 FELSHAM WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The September 2013 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 517 FELSHAM WAY has not materially changed since September 2013.

How Large is 517 FELSHAM WAY?

517 FELSHAM WAY is 127m² according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses houses in Thorpe Marriot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thorpe Marriot, and where 517 FELSHAM WAY lies on this distribution: 72% of detached houses houses are smaller than 517 FELSHAM WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Thorpe Marriot.

517 FELSHAM WAY: Plot and Title Map

517 FELSHAM WAY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 517 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 517 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 517 FELSHAM WAY?

517 FELSHAM WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 517 on FELSHAM WAY.