5, PALMERSTON WAY, AYLSHAM, NORWICH, NR11 6FN - £285,000

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.

5 PALMERSTON WAY is a small terraced house of 89m², which could now be worth an estimated £308,546. It was last sold for £285,000 in September 2021, which was around 37% above the average September 2021 terraced price in the Broadland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

5 PALMERSTON WAY Sold Prices

Land registry data shows two sales for 5 PALMERSTON 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 5 PALMERSTON 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
2021 28 SEP	£285,000	£207,714	37% above HPI
2016 24 MAR	£216,995	£165,942	31% above HPI

5 PALMERSTON 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 5 PALMERSTON WAY sales from March 2016 and September 2021 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 March 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 5 PALMERSTON WAY be worth now?

5 PALMERSTON WAY might now be worth an estimated £308,546.

This is based on house price inflation of 8.3%, between September 2021 and October 2025, 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 8.3% inflationary increase is applied to the most recent sale price for 5 PALMERSTON WAY of £285,000 on 28th September 2021. For the value to have increased from £285,000 to £308,546 over the three years and eleven months to October 2025, the following assumptions must hold true:

• The value of 5 PALMERSTON WAY has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The September 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PALMERSTON WAY has not materially changed since September 2021.

How Large is 5 PALMERSTON WAY?

5 PALMERSTON WAY is 89m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of terraced houses houses in Aylsham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Aylsham, and where 5 PALMERSTON WAY lies on this distribution: 24% of terraced houses houses are smaller than 5 PALMERSTON WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Aylsham.

5 PALMERSTON WAY: Plot and Title Map

5 PALMERSTON WAY sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 5 PALMERSTON 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 5 PALMERSTON 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 5 PALMERSTON WAY?

5 PALMERSTON WAY is located in AYLSHAM, in the NR11 postcode district. The below map shows the position of No. 5 on PALMERSTON WAY.