8, NEWBURY WAY, NORWICH, NR7 0YQ - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 NEWBURY WAY is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £260,000 in July 2020, which was around 27% below the average July 2020 detached price in the Broadland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

8 NEWBURY WAY Sold Prices

Land registry data shows three sales for 8 NEWBURY 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. All of the three 8 NEWBURY 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 22 JUL	£260,000	£354,166	27% below HPI
2010 17 DEC	£187,000	£232,568	20% below HPI
1997 15 AUG	£75,250	£80,236	6% below HPI

8 NEWBURY 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 8 NEWBURY WAY sales between August 1997 and July 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 December 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 NEWBURY WAY?

8 NEWBURY WAY is 113m² according to the EPC inspection conducted in September 2010. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 8 NEWBURY WAY lies on this distribution: 56% of detached houses are smaller than 8 NEWBURY WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 NEWBURY WAY: Plot and Title Map

8 NEWBURY WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 8 NEWBURY 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 NEWBURY 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 NEWBURY WAY?

8 NEWBURY WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 8 on NEWBURY WAY.