18, GREENWOOD WAY, NORWICH, NR7 9HN - £207,500

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.

18 GREENWOOD WAY is a very small semi-detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £257,375. It was last sold for £207,500 in October 2018, which was around 6% below the average October 2018 semi-detached price in the Broadland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

18 GREENWOOD WAY Sold Prices

Land registry data shows three sales for 18 GREENWOOD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. One of the three 18 GREENWOOD WAY sales was for below the average price, whilst two 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 15 OCT	£207,500	£220,476	6% below HPI
1999 17 MAR	£66,000	£54,430	21% above HPI
1997 18 JUL	£59,995	£49,919	20% above HPI

18 GREENWOOD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The three 18 GREENWOOD WAY sales between July 1997 and October 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 March 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 18 GREENWOOD WAY be worth now?

18 GREENWOOD WAY might now be worth an estimated £257,375.

This is based on house price inflation of 24%, between October 2018 and October 2025, for semi-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 24% inflationary increase is applied to the most recent sale price for 18 GREENWOOD WAY of £207,500 on 15th October 2018. For the value to have increased from £207,500 to £257,375 over the seven years to October 2025, the following assumptions must hold true:

• The value of 18 GREENWOOD WAY has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The October 2018 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 18 GREENWOOD WAY has not materially changed since October 2018.

How Large is 18 GREENWOOD WAY?

18 GREENWOOD WAY is 58m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 18 GREENWOOD WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 18 GREENWOOD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 GREENWOOD WAY: Plot and Title Map

18 GREENWOOD WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 18 GREENWOOD 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 18 GREENWOOD 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 18 GREENWOOD WAY?

18 GREENWOOD WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 18 on GREENWOOD WAY.