4, WILLOUGHBY WAY, RACKHEATH, NORWICH, NR13 6SL - £225,000

4 WILLOUGHBY WAY is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £225,000 in June 2012, which was around 8% below the average June 2012 detached price in the Broadland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

4 WILLOUGHBY WAY Sold Prices

Land registry data shows two sales for 4 WILLOUGHBY 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 Broadland local authority area for the corresponding sale date. One of the two 4 WILLOUGHBY WAY sales was for below the average price, whilst the other was for 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
2012 15 JUN	£225,000	£243,318	8% below HPI
1998 6 NOV	£98,500	£85,178	16% above HPI

4 WILLOUGHBY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 4 WILLOUGHBY WAY sales from November 1998 and June 2012 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 November 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 WILLOUGHBY WAY?

4 WILLOUGHBY WAY is 112m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 4 WILLOUGHBY WAY lies on this distribution: 53% of detached houses are smaller than 4 WILLOUGHBY WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

4 WILLOUGHBY WAY: Plot and Title Map

4 WILLOUGHBY WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 4 WILLOUGHBY 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 WILLOUGHBY 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 WILLOUGHBY WAY?

4 WILLOUGHBY WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 4 on WILLOUGHBY WAY.