32, FIELD ACRE WAY, LONG STRATTON, NORWICH, NR15 2WE - £180,000

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.

32 FIELD ACRE WAY is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £223,682. It was last sold for £180,000 in June 2018, which was around 1% below the average June 2018 terraced price in the South Norfolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

32 FIELD ACRE WAY Sold Prices

Land registry data shows six sales for 32 FIELD ACRE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. The six 32 FIELD ACRE WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2018 25 JUN	£180,000	£182,427	1% below HPI
2013 8 FEB	£145,000	£133,188	9% above HPI
2007 26 SEP	£147,500	£148,127	Close to HPI
2004 30 JUL	£119,500	£113,852	5% above HPI
2001 5 OCT	£71,000	£71,630	1% below HPI
2001 31 MAY	£69,995	£64,039	9% above HPI

32 FIELD ACRE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The six 32 FIELD ACRE WAY sales between May 2001 and June 2018 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 February 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 32 FIELD ACRE WAY be worth now?

32 FIELD ACRE WAY might now be worth an estimated £223,682.

This is based on house price inflation of 24.3%, between June 2018 and June 2025, for terraced 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 24.3% inflationary increase is applied to the most recent sale price for 32 FIELD ACRE WAY of £180,000 on 25th June 2018. For the value to have increased from £180,000 to £223,682 over the seven years to June 2025, the following assumptions must hold true:

• The value of 32 FIELD ACRE WAY has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The June 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 32 FIELD ACRE WAY has not materially changed since June 2018.

How Large is 32 FIELD ACRE WAY?

32 FIELD ACRE WAY is 58m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of terraced houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Long Stratton, and where 32 FIELD ACRE WAY lies on this distribution: 3% of terraced houses houses are smaller than 32 FIELD ACRE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

32 FIELD ACRE WAY: Plot and Title Map

32 FIELD ACRE WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 32 FIELD ACRE 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 32 FIELD ACRE 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 32 FIELD ACRE WAY?

32 FIELD ACRE WAY is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 32 on FIELD ACRE WAY.