8, THACKER WAY, NORWICH, NR5 9PS - £275,000

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

8 THACKER WAY is a small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £271,041. It was last sold for £275,000 in September 2024, which was around 41% below the average September 2024 detached price in the Norwich local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

8 THACKER WAY Sold Prices

Land registry data shows two sales for 8 THACKER 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 Norwich local authority area for the corresponding sale date. Both of the two 8 THACKER 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
2024 25 SEP	£275,000	£468,829	41% below HPI
2004 29 OCT	£163,395	£237,698	31% below HPI

8 THACKER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 8 THACKER WAY sales from October 2004 and September 2024 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 October 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 8 THACKER WAY be worth now?

8 THACKER WAY might now be worth an estimated £271,041.

This is based on house price deflation of 1.4%, between September 2024 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% deflationary decrease is applied to the most recent sale price for 8 THACKER WAY of £275,000 on 25th September 2024. For the value to have decreased from £275,000 to £271,041 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 8 THACKER WAY has moved in line with the HPI for detached houses in the Norwich local authority area.
• The September 2024 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THACKER WAY has not materially changed since September 2024.

How Large is 8 THACKER WAY?

8 THACKER WAY is 87m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 8 THACKER WAY lies on this distribution: 26% of detached houses houses are smaller than 8 THACKER WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 THACKER WAY: Plot and Title Map

8 THACKER WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 8 THACKER 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 THACKER 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 THACKER WAY?

8 THACKER WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 8 on THACKER WAY.