8, SKEDGE WAY, BLOFIELD, NORWICH, NR13 4RY - £238,000

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.

8 SKEDGE WAY is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £286,335. It was last sold for £238,000 in February 2019, which was around 32% below the average February 2019 detached price in the Broadland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

8 SKEDGE WAY Sold Prices

Land registry data shows four sales for 8 SKEDGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 8 SKEDGE 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
2019 15 FEB	£238,000	£349,984	32% below HPI
2011 28 OCT	£169,500	£236,721	28% below HPI
2010 19 NOV	£148,000	£239,655	38% below HPI
1998 17 AUG	£57,000	£87,441	35% below HPI

8 SKEDGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 8 SKEDGE WAY sales between August 1998 and February 2019 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 October 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 8 SKEDGE WAY be worth now?

8 SKEDGE WAY might now be worth an estimated £286,335.

This is based on house price inflation of 20.3%, between February 2019 and April 2026, for detached 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 20.3% inflationary increase is applied to the most recent sale price for 8 SKEDGE WAY of £238,000 on 15th February 2019. For the value to have increased from £238,000 to £286,335 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of 8 SKEDGE WAY has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2019 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SKEDGE WAY has not materially changed since February 2019.

How Large is 8 SKEDGE WAY?

8 SKEDGE WAY is 67m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses houses in Blofield Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blofield Heath, and where 8 SKEDGE WAY lies on this distribution: 3% of detached houses houses are smaller than 8 SKEDGE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Blofield Heath.

8 SKEDGE WAY: Plot and Title Map

8 SKEDGE WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 8 SKEDGE 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 8 SKEDGE 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 8 SKEDGE WAY?

8 SKEDGE WAY is located in BLOFIELD, in the NR13 postcode district. The below map shows the position of No. 8 on SKEDGE WAY.