1, CARGATE LANE, UPTON, NORWICH, NR13 6AU - £303,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CARGATE LANE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £303,000 in December 2023, which was around 25% below the average December 2023 detached price in the Broadland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was A.

1 CARGATE LANE Sold Prices

Land registry data shows three sales for 1 CARGATE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 1 CARGATE 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 7 DEC	£303,000	£405,450	25% below HPI
2021 16 FEB	£270,000	£360,151	25% below HPI
1999 17 MAR	£78,500	£86,346	9% below HPI

1 CARGATE LANE 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 three 1 CARGATE LANE sales between March 1999 and December 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 February 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2023 sale, which was also at 25% below the HPI.

How Large is 1 CARGATE LANE?

1 CARGATE LANE is 65m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 1 CARGATE LANE lies on this distribution: 1% of detached houses are smaller than 1 CARGATE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Upton.

1 CARGATE LANE: Plot and Title Map

1 CARGATE LANE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 1 CARGATE 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 1 CARGATE 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 1 CARGATE LANE?

1 CARGATE LANE is located in UPTON, in the NR13 postcode district. The below map shows the position of No. 1 on CARGATE LANE.