9, BANISTER WAY, WYMONDHAM, NR18 0TY - £273,000

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

9 BANISTER WAY is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £273,000 in November 2023, which was around 32% below the average November 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

9 BANISTER WAY Sold Prices

Land registry data shows four sales for 9 BANISTER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 9 BANISTER 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
2023 14 NOV	£273,000	£402,826	32% below HPI
2012 29 JUN	£182,000	£233,829	22% below HPI
2001 1 MAY	£88,000	£127,450	31% below HPI
1995 20 NOV	£59,500	£71,026	16% below HPI

9 BANISTER 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 four 9 BANISTER WAY sales between November 1995 and November 2023 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 June 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 9 BANISTER WAY?

9 BANISTER WAY is 84m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 9 BANISTER WAY lies on this distribution: 23% of detached houses are smaller than 9 BANISTER WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

9 BANISTER WAY: Plot and Title Map

9 BANISTER WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 9 BANISTER 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 9 BANISTER 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 9 BANISTER WAY?

9 BANISTER WAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 9 on BANISTER WAY.