49, SAM SMITH WAY, RACKHEATH, NORWICH, NR13 6TA - £313,500

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.

49 SAM SMITH WAY is a large terraced house of 143m², built in 2017, which could now be worth an estimated £332,344. It was last sold for £313,500 in January 2022, which was around 47% above the average January 2022 terraced price in the Broadland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

49 SAM SMITH WAY Sold Prices

Land registry data shows two sales for 49 SAM SMITH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. Both of the two 49 SAM SMITH 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
2022 11 JAN	£313,500	£213,449	47% above HPI
2020 3 JAN	£299,995	£185,826	61% above HPI

49 SAM SMITH WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The two 49 SAM SMITH WAY sales from January 2020 and January 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 January 2020 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2022 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 49 SAM SMITH WAY be worth now?

49 SAM SMITH WAY might now be worth an estimated £332,344.

This is based on house price inflation of 6%, between January 2022 and May 2026, for terraced 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 6% inflationary increase is applied to the most recent sale price for 49 SAM SMITH WAY of £313,500 on 11th January 2022. For the value to have increased from £313,500 to £332,344 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 49 SAM SMITH WAY has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The January 2022 sale price of £313,500 represented a fair market value for the property.
• The size, condition, and specification of 49 SAM SMITH WAY has not materially changed since January 2022.

How Large is 49 SAM SMITH WAY?

49 SAM SMITH WAY is 143m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of terraced houses houses in Rackheath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rackheath, and where 49 SAM SMITH WAY lies on this distribution: 73% of terraced houses houses are smaller than 49 SAM SMITH WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

49 SAM SMITH WAY: Plot and Title Map

49 SAM SMITH WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 49 SAM SMITH 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 49 SAM SMITH 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 49 SAM SMITH WAY?

49 SAM SMITH WAY is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 49 on SAM SMITH WAY.