21, FARMAN WAY, BLOFIELD, NORWICH, NR13 4FG - £380,000

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.

21 FARMAN WAY is a small detached house of 106m², built in 2018, which could now be worth an estimated £419,599. It was last sold for £380,000 in August 2021, which was about the average August 2021 detached price in the Broadland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

21 FARMAN WAY Sold Prices

Land registry data shows two sales for 21 FARMAN 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. One of the two 21 FARMAN WAY sales was roughly equal to the average price, whilst the other 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
2021 23 AUG	£380,000	£381,324	Close to HPI
2018 8 JUN	£360,000	£335,764	7% above HPI

21 FARMAN 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 21 FARMAN WAY sales from June 2018 and August 2021 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 June 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 21 FARMAN WAY be worth now?

21 FARMAN WAY might now be worth an estimated £419,599.

This is based on house price inflation of 10.4%, between August 2021 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 10.4% inflationary increase is applied to the most recent sale price for 21 FARMAN WAY of £380,000 on 23rd August 2021. For the value to have increased from £380,000 to £419,599 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 21 FARMAN WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 21 FARMAN WAY has not materially changed since August 2021.

How Large is 21 FARMAN WAY?

21 FARMAN WAY is 106m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses houses in Blofield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield, and where 21 FARMAN WAY lies on this distribution: 32% of detached houses houses are smaller than 21 FARMAN WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Blofield.

21 FARMAN WAY: Plot and Title Map

21 FARMAN WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 21 FARMAN 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 21 FARMAN 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 21 FARMAN WAY?

21 FARMAN WAY is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 21 on FARMAN WAY.