1, HEATH WAY, BLOFIELD, NORWICH, NR13 4RS - £225,000

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.

1 HEATH WAY is a small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £295,855. It was last sold for £225,000 in November 2016, which was around 30% below the average November 2016 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.

1 HEATH WAY Sold Prices

Land registry data shows three sales for 1 HEATH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 1 HEATH 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 25 NOV	£225,000	£322,110	30% below HPI
2004 13 FEB	£169,950	£196,549	14% below HPI
1999 9 JUL	£68,000	£92,586	27% below HPI

1 HEATH WAY 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 three 1 HEATH WAY sales between July 1999 and November 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 HEATH WAY be worth now?

1 HEATH WAY might now be worth an estimated £295,855.

This is based on house price inflation of 31.5%, between November 2016 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 31.5% inflationary increase is applied to the most recent sale price for 1 HEATH WAY of £225,000 on 25th November 2016. For the value to have increased from £225,000 to £295,855 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 HEATH WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HEATH WAY has not materially changed since November 2016.

How Large is 1 HEATH WAY?

1 HEATH WAY is 88m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield Heath, and where 1 HEATH WAY lies on this distribution: 23% of detached houses houses are smaller than 1 HEATH WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

1 HEATH WAY: Plot and Title Map

1 HEATH WAY sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 HEATH 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 1 HEATH 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 1 HEATH WAY?

1 HEATH WAY is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 1 on HEATH WAY.