55, WATHEN WAY, MARSHAM, NORWICH, NR10 5PZ - £232,500

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

55 WATHEN WAY is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £232,500 in June 2018, which was around 30% below the average June 2018 detached price in the Broadland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

55 WATHEN WAY Sold Prices

Land registry data shows two sales for 55 WATHEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 55 WATHEN 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
2018 1 JUN	£232,500	£332,432	30% below HPI
2004 14 APR	£161,500	£198,019	18% below HPI

55 WATHEN 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 two 55 WATHEN WAY sales from April 2004 and June 2018 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 April 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 55 WATHEN WAY?

55 WATHEN WAY is 83m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Marsham, based on EPC data. The below chart shows the distribution of detached houses by size in Marsham, and where 55 WATHEN WAY lies on this distribution: 10% of detached houses are smaller than 55 WATHEN WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Marsham.

55 WATHEN WAY: Plot and Title Map

55 WATHEN WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 55 WATHEN 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 55 WATHEN 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 55 WATHEN WAY?

55 WATHEN WAY is located in MARSHAM, in the NR10 postcode district. The below map shows the position of No. 55 on WATHEN WAY.