THREEWAYS, 40A, RINGLAND ROAD, TAVERHAM, NORWICH, NR8 6TH - £700,000

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

THREEWAYS is a very large detached house of 266m², built sometime between 2007 and 2011. It was last sold for £700,000 in March 2021, which was around 94% above the average March 2021 detached price in the Broadland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

THREEWAYS Sold Prices

Land registry data shows two sales for THREEWAYS 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. Both of the two THREEWAYS sales were 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
2021 17 MAR	£700,000	£360,070	94% above HPI
2019 15 FEB	£680,000	£346,511	96% above HPI

THREEWAYS 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 THREEWAYS sales from February 2019 and March 2021 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 2019 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the March 2021 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is THREEWAYS?

THREEWAYS is 266m² according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where THREEWAYS lies on this distribution: 98% of detached houses are smaller than THREEWAYS, and 2% of houses are larger. Note that EPC data is not available for all properties in Taverham.

THREEWAYS: Plot and Title Map

THREEWAYS sits on a plot of roughly 0.271 of an acre, or 1,098m². The below map shows the location of THREEWAYS, 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 THREEWAYS). 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 THREEWAYS?

THREEWAYS is located on RINGLAND ROAD in TAVERHAM, in the NR8 postcode district. The below map shows the position of THREEWAYS on RINGLAND ROAD.