8, BURROUGHS WAY, WYMONDHAM, NR18 0WE - £270,000

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

8 BURROUGHS WAY is a large extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £270,000 in October 2020, which was around 25% below the average October 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

8 BURROUGHS WAY Sold Prices

Land registry data shows three sales for 8 BURROUGHS 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 South Norfolk local authority area for the corresponding sale date. All of the three 8 BURROUGHS 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
2020 1 OCT	£270,000	£360,394	25% below HPI
2014 2 MAY	£235,000	£253,768	7% below HPI
2004 10 SEP	£168,950	£221,824	24% below HPI

8 BURROUGHS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 8 BURROUGHS WAY sales between September 2004 and October 2020 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 May 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 BURROUGHS WAY?

8 BURROUGHS WAY is 124m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 8 BURROUGHS WAY lies on this distribution: 68% of detached houses are smaller than 8 BURROUGHS WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

8 BURROUGHS WAY: Plot and Title Map

8 BURROUGHS WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 BURROUGHS 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 8 BURROUGHS 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 8 BURROUGHS WAY?

8 BURROUGHS WAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 8 on BURROUGHS WAY.