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 SHEPHERD WAY is a large extended detached house of 133m², built sometime between 1991 and 1995. It was last sold for £392,250 in November 2018, which was around 14% 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.
Land registry data shows six sales for 7 SHEPHERD WAY since 1st 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 | £344,713 | 14% above HPI |
2009 7 JUL | £250,000 | £218,055 | 15% above HPI |
2005 2 AUG | £235,000 | £219,796 | 7% above HPI |
2001 29 MAR | £153,500 | £121,289 | 27% above HPI |
1998 18 SEP | £97,300 | £86,668 | 12% above HPI |
1996 30 SEP | £84,000 | £73,511 | 14% above HPI |
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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2018 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
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 in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 7 SHEPHERD WAY lies on this distribution: 70% of detached 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 sits on a plot of roughly 0.126 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.
7 SHEPHERD WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 7 on SHEPHERD WAY.