16, WILLOUGHBY WAY, RACKHEATH, NORWICH, NR13 6SL - £450,000

16 WILLOUGHBY WAY is a large extended detached house of 139m², built sometime between 1991 and 1995. It was last sold for £450,000 in July 2023, which was around 9% above the average July 2023 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

16 WILLOUGHBY WAY Sold Prices

Land registry data shows three sales for 16 WILLOUGHBY 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. One of the three 16 WILLOUGHBY WAY sales was for above the average price, whilst two 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
2023 17 JUL	£450,000	£413,056	9% above HPI
2006 10 NOV	£193,000	£243,912	21% below HPI
1998 6 NOV	£78,000	£85,178	8% below HPI

16 WILLOUGHBY 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 16 WILLOUGHBY WAY sales between November 1998 and July 2023 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 WILLOUGHBY WAY?

16 WILLOUGHBY WAY is 139m², which includes four extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 16 WILLOUGHBY WAY lies on this distribution: 75% of detached houses are smaller than 16 WILLOUGHBY WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

16 WILLOUGHBY WAY: Plot and Title Map

16 WILLOUGHBY WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 16 WILLOUGHBY 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 16 WILLOUGHBY 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 16 WILLOUGHBY WAY?

16 WILLOUGHBY WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 16 on WILLOUGHBY WAY.