4, BOUNDARY WAY, PORINGLAND, NORWICH, NR14 7JD - £355,000

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.

4 BOUNDARY WAY is a midsized extended detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £439,111. It was last sold for £355,000 in October 2018, which was about the average October 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

4 BOUNDARY WAY Sold Prices

Land registry data shows three sales for 4 BOUNDARY 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 South Norfolk local authority area for the corresponding sale date. The three 4 BOUNDARY WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2018 29 OCT	£355,000	£355,176	Close to HPI
2006 28 SEP	£240,000	£248,363	3% below HPI
1997 25 APR	£91,000	£83,286	9% above HPI

4 BOUNDARY 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 three 4 BOUNDARY WAY sales between April 1997 and October 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 September 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 BOUNDARY WAY be worth now?

4 BOUNDARY WAY might now be worth an estimated £439,111.

This is based on house price inflation of 23.7%, between October 2018 and March 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 23.7% inflationary increase is applied to the most recent sale price for 4 BOUNDARY WAY of £355,000 on 29th October 2018. For the value to have increased from £355,000 to £439,111 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of 4 BOUNDARY WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2018 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BOUNDARY WAY has not materially changed since October 2018.

How Large is 4 BOUNDARY WAY?

4 BOUNDARY WAY is 126m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poringland, and where 4 BOUNDARY WAY lies on this distribution: 51% of detached houses houses are smaller than 4 BOUNDARY WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Poringland.

4 BOUNDARY WAY: Plot and Title Map

4 BOUNDARY WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 4 BOUNDARY 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 4 BOUNDARY 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 4 BOUNDARY WAY?

4 BOUNDARY WAY is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 4 on BOUNDARY WAY.