41, JERMYN WAY, THARSTON, NORWICH, NR15 2ZA - £250,000

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.

41 JERMYN WAY is a very small semi-detached house of 79m², which could now be worth an estimated £274,706. It was last sold for £250,000 in February 2022, which was around 3% below the average February 2022 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

41 JERMYN WAY Sold Prices

Land registry data shows two sales for 41 JERMYN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 41 JERMYN 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
2022 3 FEB	£250,000	£257,853	3% below HPI
2019 12 FEB	£219,995	£223,188	1% below HPI

41 JERMYN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 41 JERMYN WAY sales from February 2019 and February 2022 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 41 JERMYN WAY be worth now?

41 JERMYN WAY might now be worth an estimated £274,706.

This is based on house price inflation of 9.9%, between February 2022 and February 2025, for semi-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 9.9% inflationary increase is applied to the most recent sale price for 41 JERMYN WAY of £250,000 on 3rd February 2022. For the value to have increased from £250,000 to £274,706 over the three years to February 2025, the following assumptions must hold true:

• The value of 41 JERMYN WAY has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The February 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 41 JERMYN WAY has not materially changed since February 2022.

How Large is 41 JERMYN WAY?

41 JERMYN WAY is 79m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of semi-detached houses houses in Long Stratton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Long Stratton, and where 41 JERMYN WAY lies on this distribution: 16% of semi-detached houses houses are smaller than 41 JERMYN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

41 JERMYN WAY: Plot and Title Map

41 JERMYN WAY sits on a plot of roughly 6.7 acres, or 26,980m². The below map shows the location of 41 JERMYN 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 41 JERMYN 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 41 JERMYN WAY?

41 JERMYN WAY is located in THARSTON, in the NR15 postcode district. The below map shows the position of No. 41 on JERMYN WAY.