7, SHEPHERD WAY, TAVERHAM, NORWICH, NR8 6UD - £392,250

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

7 SHEPHERD WAY is a large extended detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £483,655. It was last sold for £392,250 in November 2018, which was around 13% above the average November 2018 detached price in the Broadland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

7 SHEPHERD WAY Sold Prices

Land registry data shows six sales for 7 SHEPHERD WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the six 7 SHEPHERD WAY sales 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
2018 23 NOV	£392,250	£348,169	13% above HPI
2009 7 JUL	£250,000	£220,241	14% above HPI
2005 2 AUG	£235,000	£221,999	6% above HPI
2001 29 MAR	£153,500	£122,504	25% above HPI
1998 18 SEP	£97,300	£87,537	11% above HPI
1996 30 SEP	£84,000	£74,247	13% above HPI

7 SHEPHERD 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 six 7 SHEPHERD WAY sales between September 1996 and November 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 July 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 SHEPHERD WAY be worth now?

7 SHEPHERD WAY might now be worth an estimated £483,655.

This is based on house price inflation of 23.3%, between November 2018 and December 2024, 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 23.3% inflationary increase is applied to the most recent sale price for 7 SHEPHERD WAY of £392,250 on 23rd November 2018. For the value to have increased from £392,250 to £483,655 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 SHEPHERD WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2018 sale price of £392,250 represented a fair market value for the property.
• The size, condition, and specification of 7 SHEPHERD WAY has not materially changed since November 2018.

How Large is 7 SHEPHERD WAY?

7 SHEPHERD WAY is 133m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 7 SHEPHERD WAY lies on this distribution: 70% of detached houses houses are smaller than 7 SHEPHERD WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Taverham.

7 SHEPHERD WAY: Plot and Title Map

7 SHEPHERD WAY sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 7 SHEPHERD 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 SHEPHERD 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 SHEPHERD WAY?

7 SHEPHERD WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 7 on SHEPHERD WAY.