56, BURROUGHS WAY, WYMONDHAM, NR18 0WE - £270,000

56 BURROUGHS WAY is a midsized extended detached house of 114m², built sometime between 2003 and 2006. It was last sold for £270,000 in October 2017, which was around 18% below the average October 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

56 BURROUGHS WAY Sold Prices

Land registry data shows three sales for 56 BURROUGHS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 56 BURROUGHS 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
2017 30 OCT	£270,000	£327,735	18% below HPI
2007 14 NOV	£216,000	£260,907	17% below HPI
2003 14 NOV	£188,950	£198,009	5% below HPI

56 BURROUGHS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 56 BURROUGHS WAY sales between November 2003 and October 2017 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 November 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 56 BURROUGHS WAY?

56 BURROUGHS WAY is 114m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 56 BURROUGHS WAY lies on this distribution: 59% of detached houses are smaller than 56 BURROUGHS WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

56 BURROUGHS WAY: Plot and Title Map

56 BURROUGHS WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 56 BURROUGHS 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 56 BURROUGHS 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 56 BURROUGHS WAY?

56 BURROUGHS WAY is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 56 on BURROUGHS WAY.