7, GREENWOOD WAY, NORWICH, NR7 9HW - £265,000

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

7 GREENWOOD WAY is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £265,000 in October 2016, which was around 16% below the average October 2016 detached price in the Broadland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 GREENWOOD WAY Sold Prices

Land registry data shows two sales for 7 GREENWOOD 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 7 GREENWOOD 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
2016 21 OCT	£265,000	£315,199	16% below HPI
2006 20 DEC	£185,000	£244,135	24% below HPI

7 GREENWOOD 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 7 GREENWOOD WAY sales from December 2006 and October 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 December 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 GREENWOOD WAY?

7 GREENWOOD WAY is 100m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 7 GREENWOOD WAY lies on this distribution: 41% of detached houses are smaller than 7 GREENWOOD WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 GREENWOOD WAY: Plot and Title Map

7 GREENWOOD WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 7 GREENWOOD 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 7 GREENWOOD 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 7 GREENWOOD WAY?

7 GREENWOOD WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 7 on GREENWOOD WAY.