3, MINOTAUR WAY, NORWICH, NR5 0UZ - £297,500

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 MINOTAUR WAY is a midsized detached house of 113m², which could now be worth an estimated £377,289. It was last sold for £297,500 in September 2019, which was around 13% below the average September 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

3 MINOTAUR WAY Sold Prices

Land registry data shows two sales for 3 MINOTAUR 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 South Norfolk local authority area for the corresponding sale date. Both of the two 3 MINOTAUR 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
2019 30 SEP	£297,500	£343,547	13% below HPI
2015 16 OCT	£249,995	£295,655	15% below HPI

3 MINOTAUR WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 3 MINOTAUR WAY sales from October 2015 and September 2019 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 October 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 MINOTAUR WAY be worth now?

3 MINOTAUR WAY might now be worth an estimated £377,289.

This is based on house price inflation of 26.8%, between September 2019 and October 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.8% inflationary increase is applied to the most recent sale price for 3 MINOTAUR WAY of £297,500 on 30th September 2019. For the value to have increased from £297,500 to £377,289 over the five years and eleven months to October 2025, the following assumptions must hold true:

• The value of 3 MINOTAUR WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2019 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MINOTAUR WAY has not materially changed since September 2019.

How Large is 3 MINOTAUR WAY?

3 MINOTAUR WAY is 113m² according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 3 MINOTAUR WAY lies on this distribution: 55% of detached houses houses are smaller than 3 MINOTAUR WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 MINOTAUR WAY: Plot and Title Map

3 MINOTAUR WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 3 MINOTAUR 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 MINOTAUR 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 MINOTAUR WAY?

3 MINOTAUR WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 3 on MINOTAUR WAY.