9, LUSCOMBE WAY, RACKHEATH, NORWICH, NR13 6SS - £275,000

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

9 LUSCOMBE WAY is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £275,000 in December 2016, which was around 13% below the average December 2016 detached price in the Broadland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

9 LUSCOMBE WAY Sold Prices

Land registry data shows two sales for 9 LUSCOMBE 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 Broadland local authority area for the corresponding sale date. One of the two 9 LUSCOMBE WAY sales was for below the average price, whilst the other was for above 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
2016 20 DEC	£275,000	£315,073	13% below HPI
2001 9 NOV	£147,950	£141,989	4% above HPI

9 LUSCOMBE 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 two 9 LUSCOMBE WAY sales from November 2001 and December 2016 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 November 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 LUSCOMBE WAY?

9 LUSCOMBE WAY is 121m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 9 LUSCOMBE WAY lies on this distribution: 62% of detached houses are smaller than 9 LUSCOMBE WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

9 LUSCOMBE WAY: Plot and Title Map

9 LUSCOMBE WAY sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 9 LUSCOMBE 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 LUSCOMBE 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 LUSCOMBE WAY?

9 LUSCOMBE WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 9 on LUSCOMBE WAY.