5, PEDDARS WAY, TAVERHAM, NORWICH, NR8 6UN - £178,000

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 PEDDARS WAY is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £216,749. It was last sold for £178,000 in January 2020, which was around 4% below the average January 2020 terraced price in the Broadland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was B.

5 PEDDARS WAY Sold Prices

Land registry data shows three sales for 5 PEDDARS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Broadland local authority area for the corresponding sale date. All of the three 5 PEDDARS 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
2020 10 JAN	£178,000	£185,826	4% below HPI
2017 1 DEC	£175,000	£180,839	3% below HPI
2010 18 JUN	£121,000	£134,848	10% below HPI

5 PEDDARS 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 three 5 PEDDARS WAY sales between June 2010 and January 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 December 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 PEDDARS WAY be worth now?

5 PEDDARS WAY might now be worth an estimated £216,749.

This is based on house price inflation of 21.8%, between January 2020 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 21.8% inflationary increase is applied to the most recent sale price for 5 PEDDARS WAY of £178,000 on 10th January 2020. For the value to have increased from £178,000 to £216,749 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 PEDDARS WAY has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The January 2020 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PEDDARS WAY has not materially changed since January 2020.

How Large is 5 PEDDARS WAY?

5 PEDDARS WAY is 58m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses houses in Taverham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Taverham, and where 5 PEDDARS WAY lies on this distribution: 1% of terraced houses houses are smaller than 5 PEDDARS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Taverham.

5 PEDDARS WAY: Plot and Title Map

5 PEDDARS WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 5 PEDDARS 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 PEDDARS 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 PEDDARS WAY?

5 PEDDARS WAY is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 5 on PEDDARS WAY.