9, SPEEDWELL WAY, NORWICH, NR5 9HP - £250,000

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 SPEEDWELL WAY is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2016, which was around 26% below the average March 2016 detached price in the Norwich local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

9 SPEEDWELL WAY Sold Prices

Land registry data shows four sales for 9 SPEEDWELL 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 Norwich local authority area for the corresponding sale date. All of the four 9 SPEEDWELL 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
2016 11 MAR	£250,000	£338,174	26% below HPI
2008 22 JAN	£238,000	£274,998	13% below HPI
2002 29 NOV	£175,500	£194,148	10% below HPI
2001 11 APR	£115,950	£131,607	12% below HPI

9 SPEEDWELL 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 four 9 SPEEDWELL WAY sales between April 2001 and March 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 January 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 9 SPEEDWELL WAY?

9 SPEEDWELL WAY is 105m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 9 SPEEDWELL WAY lies on this distribution: 46% of detached houses are smaller than 9 SPEEDWELL WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Norwich.

9 SPEEDWELL WAY: Plot and Title Map

9 SPEEDWELL WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 9 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL WAY?

9 SPEEDWELL WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 9 on SPEEDWELL WAY.