7, WADES WAY, TRUNCH, NORTH WALSHAM, NR28 0PW - £189,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 WADES WAY is a small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £298,317. It was last sold for £189,995 in June 2015, which was around 31% below the average June 2015 detached price in the North Norfolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was E.

7 WADES WAY Sold Prices

Land registry data shows two sales for 7 WADES 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 North Norfolk local authority area for the corresponding sale date. Both of the two 7 WADES 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
2015 5 JUN	£189,995	£274,383	31% below HPI
2009 4 DEC	£150,000	£235,423	36% below HPI

7 WADES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 7 WADES WAY sales from December 2009 and June 2015 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 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 WADES WAY be worth now?

7 WADES WAY might now be worth an estimated £298,317.

This is based on house price inflation of 57%, between June 2015 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57% inflationary increase is applied to the most recent sale price for 7 WADES WAY of £189,995 on 5th June 2015. For the value to have increased from £189,995 to £298,317 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 7 WADES WAY has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2015 sale price of £189,995 represented a fair market value for the property.
• The size, condition, and specification of 7 WADES WAY has not materially changed since June 2015.

How Large is 7 WADES WAY?

7 WADES WAY is 77m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of detached houses houses in Trunch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trunch, and where 7 WADES WAY lies on this distribution: 35% of detached houses houses are smaller than 7 WADES WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Trunch.

7 WADES WAY: Plot and Title Map

7 WADES WAY sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 7 WADES 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 WADES 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 WADES WAY?

7 WADES WAY is located in TRUNCH, in the NR28 postcode district. The below map shows the position of No. 7 on WADES WAY.