THREE WAYS, NEWTON ROAD, HAINFORD, NORWICH, NR10 3LZ - £490,000

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

THREE WAYS is a large extended detached house of 162m², built sometime between 1967 and 1975, which could now be worth an estimated £501,000. It was last sold for £490,000 in July 2023, which was around 18% above the average July 2023 detached price in the Broadland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

THREE WAYS Sold Prices

Land registry data shows two sales for THREE WAYS 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 THREE WAYS sales was for above the average price, whilst the other was 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 18 JUL	£490,000	£414,247	18% above HPI
2002 14 FEB	£120,000	£147,310	19% below HPI

THREE WAYS 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 THREE WAYS sales from February 2002 and July 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 February 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might THREE WAYS be worth now?

THREE WAYS might now be worth an estimated £501,000.

This is based on house price inflation of 2.2%, between July 2023 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for THREE WAYS of £490,000 on 18th July 2023. For the value to have increased from £490,000 to £501,000 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of THREE WAYS has moved in line with the HPI for detached houses in the Broadland local authority area.
• The July 2023 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of THREE WAYS has not materially changed since July 2023.

How Large is THREE WAYS?

THREE WAYS is 162m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 30% of detached houses houses in Hainford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hainford, and where THREE WAYS lies on this distribution: 72% of detached houses houses are smaller than THREE WAYS, and 28% of houses are larger. Note that EPC data is not available for all properties in Hainford.

THREE WAYS: Plot and Title Map

THREE WAYS sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of THREE WAYS, 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 THREE WAYS). 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 THREE WAYS?

THREE WAYS is located on NEWTON ROAD in HAINFORD, in the NR10 postcode district. The below map shows the position of THREE WAYS on NEWTON ROAD.