24, TUNGATE WAY, HORSTEAD, NORWICH, NR12 7EN - £370,000

24 TUNGATE WAY is a midsized detached house of 110m², built sometime between 1991 and 1995. It was last sold for £370,000 in October 2023, which was around 12% below the average October 2023 detached price in the Broadland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

24 TUNGATE WAY Sold Prices

Land registry data shows six sales for 24 TUNGATE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the six 24 TUNGATE 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
2023 16 OCT	£370,000	£418,265	12% below HPI
2019 27 SEP	£295,000	£339,727	13% below HPI
2016 29 APR	£249,999	£301,269	17% below HPI
2005 18 FEB	£227,500	£216,566	5% above HPI
1999 1 DEC	£95,000	£98,779	4% below HPI
1995 6 OCT	£88,250	£74,677	18% above HPI

24 TUNGATE 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 six 24 TUNGATE WAY sales between October 1995 and October 2023 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 September 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 TUNGATE WAY?

24 TUNGATE WAY is 110m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses by size in Horstead, and where 24 TUNGATE WAY lies on this distribution: 43% of detached houses are smaller than 24 TUNGATE WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Horstead.

24 TUNGATE WAY: Plot and Title Map

24 TUNGATE WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 24 TUNGATE 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 24 TUNGATE 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 24 TUNGATE WAY?

24 TUNGATE WAY is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 24 on TUNGATE WAY.