1, ORCHARD WAY, HETHERSETT, NORWICH, NR9 3JR - £198,000

1 ORCHARD WAY is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £198,000 in January 2014, which was around 22% below the average January 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

1 ORCHARD WAY Sold Prices

Land registry data shows three sales for 1 ORCHARD 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 South Norfolk local authority area for the corresponding sale date. All of the three 1 ORCHARD 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
2014 9 JAN	£198,000	£254,988	22% below HPI
1996 2 DEC	£64,000	£77,890	18% below HPI
1995 6 NOV	£37,500	£71,026	47% below HPI

1 ORCHARD WAY 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 three 1 ORCHARD WAY sales between November 1995 and January 2014 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 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 ORCHARD WAY?

1 ORCHARD WAY is 67m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 1 ORCHARD WAY lies on this distribution: 3% of detached houses are smaller than 1 ORCHARD WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

1 ORCHARD WAY: Plot and Title Map

1 ORCHARD WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 ORCHARD 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 ORCHARD 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 ORCHARD WAY?

1 ORCHARD WAY is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 1 on ORCHARD WAY.