40, HEATH WAY, BLOFIELD, NORWICH, NR13 4RS - £350,000

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.

40 HEATH WAY is a small semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £418,476. It was last sold for £350,000 in December 2020, which was around 52% above the average December 2020 semi-detached price in the Broadland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

40 HEATH WAY Sold Prices

Land registry data shows three sales for 40 HEATH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. All of the three 40 HEATH WAY sales were 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
2020 11 DEC	£350,000	£229,958	52% above HPI
2019 20 FEB	£255,000	£224,245	14% above HPI
2012 10 SEP	£180,000	£159,760	13% above HPI

40 HEATH WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The three 40 HEATH WAY sales between September 2012 and December 2020 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 2019 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2020 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 40 HEATH WAY be worth now?

40 HEATH WAY might now be worth an estimated £418,476.

This is based on house price inflation of 19.6%, between December 2020 and February 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 40 HEATH WAY of £350,000 on 11th December 2020. For the value to have increased from £350,000 to £418,476 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 40 HEATH WAY has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 40 HEATH WAY has not materially changed since December 2020.

How Large is 40 HEATH WAY?

40 HEATH WAY is 91m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of semi-detached houses houses in Blofield Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blofield Heath, and where 40 HEATH WAY lies on this distribution: 26% of semi-detached houses houses are smaller than 40 HEATH WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

40 HEATH WAY: Plot and Title Map

40 HEATH WAY sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 40 HEATH 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 40 HEATH 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 40 HEATH WAY?

40 HEATH WAY is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 40 on HEATH WAY.