15, BANISTER WAY, WYMONDHAM, NR18 0TY - £174,500

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.

15 BANISTER WAY is a very small terraced house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £224,312. It was last sold for £174,500 in February 2018, which was around 1% below the average February 2018 terraced price in the South Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

15 BANISTER WAY Sold Prices

Land registry data shows five sales for 15 BANISTER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. Most of the five 15 BANISTER WAY 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
2018 16 FEB	£174,500	£176,356	1% below HPI
2012 16 NOV	£128,750	£134,472	4% below HPI
2008 1 FEB	£159,500	£145,037	10% above HPI
2002 13 SEP	£109,000	£85,412	28% above HPI
1996 21 JUN	£41,000	£38,427	7% above HPI

15 BANISTER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The five 15 BANISTER WAY sales between June 1996 and February 2018 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 November 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 BANISTER WAY be worth now?

15 BANISTER WAY might now be worth an estimated £224,312.

This is based on house price inflation of 28.5%, between February 2018 and June 2025, for terraced 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 28.5% inflationary increase is applied to the most recent sale price for 15 BANISTER WAY of £174,500 on 16th February 2018. For the value to have increased from £174,500 to £224,312 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 15 BANISTER WAY has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The February 2018 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 15 BANISTER WAY has not materially changed since February 2018.

How Large is 15 BANISTER WAY?

15 BANISTER WAY is 78m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of terraced houses houses in Wymondham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wymondham, and where 15 BANISTER WAY lies on this distribution: 15% of terraced houses houses are smaller than 15 BANISTER WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

15 BANISTER WAY: Plot and Title Map

15 BANISTER WAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 15 BANISTER 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 15 BANISTER 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 15 BANISTER WAY?

15 BANISTER WAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 15 on BANISTER WAY.