28, MORGANS WAY, HEVINGHAM, NORWICH, NR10 5PD - £165,000

28 MORGANS WAY is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £165,000 in May 2013, which was around 32% below the average May 2013 detached price in the Broadland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

28 MORGANS WAY Sold Prices

Land registry data shows three sales for 28 MORGANS 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 Broadland local authority area for the corresponding sale date. All of the three 28 MORGANS 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
2013 31 MAY	£165,000	£243,258	32% below HPI
2004 15 SEP	£146,000	£218,110	33% below HPI
2003 13 NOV	£145,000	£194,990	26% below HPI

28 MORGANS 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 three 28 MORGANS WAY sales between November 2003 and May 2013 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 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2013 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 28 MORGANS WAY?

28 MORGANS WAY is 71m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Hevingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hevingham, and where 28 MORGANS WAY lies on this distribution: 3% of detached houses are smaller than 28 MORGANS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Hevingham.

28 MORGANS WAY: Plot and Title Map

28 MORGANS WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 28 MORGANS 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 28 MORGANS 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 28 MORGANS WAY?

28 MORGANS WAY is located in HEVINGHAM, in the NR10 postcode district. The below map shows the position of No. 28 on MORGANS WAY.