2, SKEDGE WAY, BLOFIELD, NORWICH, NR13 4RY - £348,000

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 SKEDGE WAY is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £342,551. It was last sold for £348,000 in August 2022, which was around 19% below the average August 2022 detached price in the Broadland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 SKEDGE WAY Sold Prices

Land registry data shows two sales for 2 SKEDGE 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 SKEDGE 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
2022 26 AUG	£348,000	£427,759	19% below HPI
1995 25 AUG	£60,000	£75,407	20% below HPI

2 SKEDGE 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 SKEDGE WAY sales from August 1995 and August 2022 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 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 SKEDGE WAY be worth now?

2 SKEDGE WAY might now be worth an estimated £342,551.

This is based on house price deflation of 1.6%, between August 2022 and April 2026, for 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 1.6% deflationary decrease is applied to the most recent sale price for 2 SKEDGE WAY of £348,000 on 26th August 2022. For the value to have decreased from £348,000 to £342,551 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 2 SKEDGE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2022 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SKEDGE WAY has not materially changed since August 2022.

How Large is 2 SKEDGE WAY?

2 SKEDGE WAY is 73m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield Heath, and where 2 SKEDGE WAY lies on this distribution: 9% of detached houses houses are smaller than 2 SKEDGE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

2 SKEDGE WAY: Plot and Title Map

2 SKEDGE WAY sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 2 SKEDGE 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 SKEDGE 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 SKEDGE WAY?

2 SKEDGE WAY is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 2 on SKEDGE WAY.