8, GUNTON LANE, NORWICH, NR5 0AE - £243,000

8 GUNTON LANE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £243,000 in August 2023, which was around 41% below the average August 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 GUNTON LANE Sold Prices

Land registry data shows four sales for 8 GUNTON LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 8 GUNTON 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 31 AUG	£243,000	£412,511	41% below HPI
2019 6 SEP	£178,500	£333,108	46% below HPI
2010 15 MAR	£160,000	£224,905	29% below HPI
2009 26 JUN	£105,555	£212,407	50% below HPI

8 GUNTON LANE 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 four 8 GUNTON LANE sales between June 2009 and August 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 September 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2023 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 GUNTON LANE?

8 GUNTON LANE is 70m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 8 GUNTON LANE lies on this distribution: 9% of detached houses are smaller than 8 GUNTON LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 GUNTON LANE: Plot and Title Map

8 GUNTON LANE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 GUNTON 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 8 GUNTON 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 8 GUNTON LANE?

8 GUNTON LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 8 on GUNTON LANE.