56, FLAG CUTTERS WAY, HORSFORD, NORWICH, NR10 3FZ - £347,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 FLAG CUTTERS WAY is a small detached house of 102m². It was last sold for £347,000 in May 2023, which was around 15% below the average May 2023 detached price in the Broadland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

56 FLAG CUTTERS WAY Sold Prices

Land registry data shows three sales for 56 FLAG CUTTERS 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 56 FLAG CUTTERS 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
2023 5 MAY	£347,000	£409,694	15% below HPI
2021 17 SEP	£330,000	£380,333	13% below HPI
2020 27 MAR	£322,995	£342,806	6% below HPI

56 FLAG CUTTERS 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 56 FLAG CUTTERS WAY sales between March 2020 and May 2023 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 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 56 FLAG CUTTERS WAY?

56 FLAG CUTTERS WAY is 102m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Horsford, based on EPC data. The below chart shows the distribution of detached houses by size in Horsford, and where 56 FLAG CUTTERS WAY lies on this distribution: 28% of detached houses are smaller than 56 FLAG CUTTERS WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Horsford.

56 FLAG CUTTERS WAY: Plot and Title Map

56 FLAG CUTTERS WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 56 FLAG CUTTERS 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 56 FLAG CUTTERS 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 56 FLAG CUTTERS WAY?

56 FLAG CUTTERS WAY is located in HORSFORD, in the NR10 postcode district. The below map shows the position of No. 56 on FLAG CUTTERS WAY.