2, NORGATE WAY, TAVERHAM, NORWICH, NR8 6TX - £155,000

2 NORGATE WAY is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £155,000 in November 2015, which was around 47% below the average November 2015 detached price in the Broadland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 NORGATE WAY Sold Prices

Land registry data shows two sales for 2 NORGATE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 2 NORGATE 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
2015 4 NOV	£155,000	£294,945	47% below HPI
2004 26 MAR	£139,500	£195,089	28% below HPI

2 NORGATE 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 two 2 NORGATE WAY sales from March 2004 and November 2015 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2015 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 NORGATE WAY?

2 NORGATE WAY is 72m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 2 NORGATE WAY lies on this distribution: 5% of detached houses are smaller than 2 NORGATE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Taverham.

2 NORGATE WAY: Plot and Title Map

2 NORGATE WAY sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 2 NORGATE 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 NORGATE 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 NORGATE WAY?

2 NORGATE WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 2 on NORGATE WAY.