2, BENDISH WAY, NORWICH, NR5 9NW - £300,000

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.

2 BENDISH WAY is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £354,035. It was last sold for £300,000 in March 2020, which was around 24% below the average March 2020 detached price in the Norwich local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 BENDISH WAY Sold Prices

Land registry data shows three sales for 2 BENDISH 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 Norwich local authority area for the corresponding sale date. Two of the three 2 BENDISH WAY sales were for below the average price, whilst one was 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
2020 16 MAR	£300,000	£397,174	24% below HPI
2005 11 AUG	£229,000	£243,336	6% below HPI
2003 10 MAR	£232,500	£212,616	9% above HPI

2 BENDISH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 2 BENDISH WAY sales between March 2003 and March 2020 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 August 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 BENDISH WAY be worth now?

2 BENDISH WAY might now be worth an estimated £354,035.

This is based on house price inflation of 18%, between March 2020 and July 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 2 BENDISH WAY of £300,000 on 16th March 2020. For the value to have increased from £300,000 to £354,035 over the four years and eight months to July 2025, the following assumptions must hold true:

• The value of 2 BENDISH WAY has moved in line with the HPI for detached houses in the Norwich local authority area.
• The March 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BENDISH WAY has not materially changed since March 2020.

How Large is 2 BENDISH WAY?

2 BENDISH WAY is 125m² according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 2 BENDISH WAY lies on this distribution: 66% of detached houses houses are smaller than 2 BENDISH WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 BENDISH WAY: Plot and Title Map

2 BENDISH WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 2 BENDISH 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 2 BENDISH 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 2 BENDISH WAY?

2 BENDISH WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 2 on BENDISH WAY.