WILLOW WAY, MILL LANE, BARNBY, BECCLES, NR34 7PZ - £365,000

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.

WILLOW WAY is a small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £360,792. It was last sold for £365,000 in October 2024, which was around 15% below the average October 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

WILLOW WAY Sold Prices

Land registry data shows two sales for WILLOW 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 East Suffolk local authority area for the corresponding sale date. Both of the two WILLOW 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
2024 4 OCT	£365,000	£427,980	15% below HPI
2020 18 DEC	£303,850	£380,843	20% below HPI

WILLOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two WILLOW WAY sales from December 2020 and October 2024 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 December 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might WILLOW WAY be worth now?

WILLOW WAY might now be worth an estimated £360,792.

This is based on house price deflation of 1.2%, between October 2024 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for WILLOW WAY of £365,000 on 4th October 2024. For the value to have decreased from £365,000 to £360,792 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of WILLOW WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOW WAY has not materially changed since October 2024.

How Large is WILLOW WAY?

WILLOW WAY is 94m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Barnby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnby, and where WILLOW WAY lies on this distribution: 20% of detached houses houses are smaller than WILLOW WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Barnby.

WILLOW WAY: Plot and Title Map

WILLOW WAY sits on a plot of roughly 0.190 of an acre, or 767m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW WAY?

WILLOW WAY is located on MILL LANE in BARNBY, in the NR34 postcode district. The below map shows the position of WILLOW WAY on MILL LANE.