3, DURRELL WAY, NORTH WALSHAM, NR28 0FH - £230,000

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.

3 DURRELL WAY is a very small semi-detached house of 72m², which could now be worth an estimated £281,436. It was last sold for £230,000 in August 2020, which was around 1% below the average August 2020 semi-detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

3 DURRELL WAY Sold Prices

Land registry data shows three sales for 3 DURRELL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 3 DURRELL 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
2020 4 AUG	£230,000	£232,559	1% below HPI
2019 25 JAN	£192,500	£223,932	14% below HPI
2016 30 SEP	£200,000	£203,053	2% below HPI

3 DURRELL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 3 DURRELL WAY sales between September 2016 and August 2020 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 January 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 DURRELL WAY be worth now?

3 DURRELL WAY might now be worth an estimated £281,436.

This is based on house price inflation of 22.4%, between August 2020 and February 2025, for semi-detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for 3 DURRELL WAY of £230,000 on 4th August 2020. For the value to have increased from £230,000 to £281,436 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 3 DURRELL WAY has moved in line with the HPI for semi-detached houses in the North Norfolk local authority area.
• The August 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DURRELL WAY has not materially changed since August 2020.

How Large is 3 DURRELL WAY?

3 DURRELL WAY is 72m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of semi-detached houses houses in North Walsham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Walsham, and where 3 DURRELL WAY lies on this distribution: 13% of semi-detached houses houses are smaller than 3 DURRELL WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

3 DURRELL WAY: Plot and Title Map

3 DURRELL WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 DURRELL 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 3 DURRELL 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 3 DURRELL WAY?

3 DURRELL WAY is located in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of No. 3 on DURRELL WAY.