MEADWAY, THORPE MARKET ROAD, ROUGHTON, NORWICH, NR11 8TA - £275,000

MEADWAY is a small detached house of 104m², built sometime between 1983 and 1990. It was last sold for £275,000 in October 2019, which was around 23% below the average October 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

MEADWAY Sold Prices

Land registry data shows five sales for MEADWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Most of the five MEADWAY 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 25 OCT	£275,000	£355,649	23% below HPI
2013 28 NOV	£230,000	£251,526	9% below HPI
2002 28 JUN	£165,000	£155,211	6% above HPI
1998 30 JAN	£19,250	£78,696	76% below HPI
1996 30 APR	£17,000	£69,530	76% below HPI

MEADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The five MEADWAY sales between April 1996 and October 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 November 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is MEADWAY?

MEADWAY is 104m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses in Roughton, based on EPC data. The below chart shows the distribution of detached houses by size in Roughton, and where MEADWAY lies on this distribution: 33% of detached houses are smaller than MEADWAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Roughton.

MEADWAY: Plot and Title Map

MEADWAY sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of MEADWAY, 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 MEADWAY). 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 MEADWAY?

MEADWAY is located on THORPE MARKET ROAD in ROUGHTON, in the NR11 postcode district. The below map shows the position of MEADWAY on THORPE MARKET ROAD.