32, SPEEDWELL WAY, NORWICH, NR5 9HP - £150,000

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 SPEEDWELL WAY is a very small terraced house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £207,948. It was last sold for £150,000 in June 2015, which was around 16% below the average June 2015 terraced price in the Norwich local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

32 SPEEDWELL WAY Sold Prices

Land registry data shows four sales for 32 SPEEDWELL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. Most of the four 32 SPEEDWELL 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
2015 5 JUN	£150,000	£177,845	16% below HPI
2006 25 AUG	£131,500	£142,823	8% below HPI
2003 8 AUG	£109,000	£107,727	1% above HPI
2001 26 JAN	£59,950	£63,629	6% below HPI

32 SPEEDWELL WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Norwich local authority area over time, sourced from the HPI. The four 32 SPEEDWELL WAY sales between January 2001 and June 2015 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 August 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 32 SPEEDWELL WAY be worth now?

32 SPEEDWELL WAY might now be worth an estimated £207,948.

This is based on house price inflation of 38.6%, between June 2015 and October 2025, for terraced houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.6% inflationary increase is applied to the most recent sale price for 32 SPEEDWELL WAY of £150,000 on 5th June 2015. For the value to have increased from £150,000 to £207,948 over the nine years and eight months to October 2025, the following assumptions must hold true:

• The value of 32 SPEEDWELL WAY has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The June 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SPEEDWELL WAY has not materially changed since June 2015.

How Large is 32 SPEEDWELL WAY?

32 SPEEDWELL WAY is 60m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 32 SPEEDWELL WAY lies on this distribution: 3% of terraced houses houses are smaller than 32 SPEEDWELL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Norwich.

32 SPEEDWELL WAY: Plot and Title Map

32 SPEEDWELL WAY sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 32 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL WAY?

32 SPEEDWELL WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 32 on SPEEDWELL WAY.