WACTON WEARY, STRATTON ROAD, WACTON, NORWICH, NR15 2UF - £298,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WACTON WEARY is a midsized detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £418,023. It was last sold for £298,000 in July 2016, which was around 5% below the average July 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was D.

WACTON WEARY Sold Prices

Land registry data shows two sales for WACTON WEARY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two WACTON WEARY 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 28 JUL	£298,000	£313,735	5% below HPI
2002 22 FEB	£167,500	£151,144	11% above HPI

WACTON WEARY 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 two WACTON WEARY sales from February 2002 and July 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 February 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might WACTON WEARY be worth now?

WACTON WEARY might now be worth an estimated £418,023.

This is based on house price inflation of 40.3%, between July 2016 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.3% inflationary increase is applied to the most recent sale price for WACTON WEARY of £298,000 on 28th July 2016. For the value to have increased from £298,000 to £418,023 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of WACTON WEARY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The July 2016 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of WACTON WEARY has not materially changed since July 2016.

How Large is WACTON WEARY?

WACTON WEARY is 134m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses houses in Wacton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wacton, and where WACTON WEARY lies on this distribution: 59% of detached houses houses are smaller than WACTON WEARY, and 41% of houses are larger. Note that EPC data is not available for all properties in Wacton.

WACTON WEARY: Plot and Title Map

WACTON WEARY sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of WACTON WEARY, 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 WACTON WEARY). 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 WACTON WEARY?

WACTON WEARY is located on STRATTON ROAD in WACTON, in the NR15 postcode district. The below map shows the position of WACTON WEARY on STRATTON ROAD.