3, MARTINEAU LANE, NORWICH, NR1 2HX - £380,000

3 MARTINEAU LANE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £380,000 in January 2023, which was around 20% below the average January 2023 detached price in the Norwich local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

3 MARTINEAU LANE Sold Prices

Land registry data shows two sales for 3 MARTINEAU LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 3 MARTINEAU LANE 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
2023 24 JAN	£380,000	£476,016	20% below HPI
2017 6 OCT	£195,000	£365,049	47% below HPI

3 MARTINEAU LANE 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 two 3 MARTINEAU LANE sales from October 2017 and January 2023 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 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 MARTINEAU LANE?

3 MARTINEAU LANE is 68m² according to the EPC inspection conducted in May 2017. 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 3 MARTINEAU LANE lies on this distribution: 7% of detached houses are smaller than 3 MARTINEAU LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 MARTINEAU LANE: Plot and Title Map

3 MARTINEAU LANE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 MARTINEAU LANE, 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 3 MARTINEAU LANE). 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 3 MARTINEAU LANE?

3 MARTINEAU LANE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 3 on MARTINEAU LANE.