7, EDRICH WAY, NORWICH, NR5 9NX - £160,000

7 EDRICH WAY is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £160,000 in May 2010, which was around 37% below the average May 2010 detached price in the Norwich local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

7 EDRICH WAY Sold Prices

Land registry data shows three sales for 7 EDRICH 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 Norwich local authority area for the corresponding sale date. All of the three 7 EDRICH 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
2010 28 MAY	£160,000	£253,662	37% below HPI
2001 19 SEP	£82,500	£142,562	42% below HPI
1996 8 NOV	£49,995	£76,101	34% below HPI

7 EDRICH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 7 EDRICH WAY sales between November 1996 and May 2010 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 September 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2010 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 EDRICH WAY?

7 EDRICH WAY is 49m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 7 EDRICH WAY lies on this distribution: 1% of detached houses are smaller than 7 EDRICH WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Norwich.

7 EDRICH WAY: Plot and Title Map

7 EDRICH WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 EDRICH 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 7 EDRICH 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 7 EDRICH WAY?

7 EDRICH WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 7 on EDRICH WAY.