7, RAY BOND WAY, AYLSHAM, NORWICH, NR11 6UT - £400,000

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

7 RAY BOND WAY is a midsized extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £400,000 in July 2023, which was around 2% below the average July 2023 detached price in the Broadland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

7 RAY BOND WAY Sold Prices

Land registry data shows three sales for 7 RAY BOND 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. One of the three 7 RAY BOND 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
2023 31 JUL	£400,000	£410,136	2% below HPI
2008 31 OCT	£244,950	£229,653	7% above HPI
1996 29 JAN	£77,950	£70,077	11% above HPI

7 RAY BOND 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 7 RAY BOND WAY sales between January 1996 and July 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 October 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 RAY BOND WAY?

7 RAY BOND WAY is 122m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses in Aylsham, based on EPC data. The below chart shows the distribution of detached houses by size in Aylsham, and where 7 RAY BOND WAY lies on this distribution: 58% of detached houses are smaller than 7 RAY BOND WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Aylsham.

7 RAY BOND WAY: Plot and Title Map

7 RAY BOND WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 7 RAY BOND 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 RAY BOND 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 RAY BOND WAY?

7 RAY BOND WAY is located in AYLSHAM, in the NR11 postcode district. The below map shows the position of No. 7 on RAY BOND WAY.