1, ELSING ROAD, LYNG, NORWICH, NR9 5RR - £250,000

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 ELSING ROAD is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £250,000 in December 2020, which was around 21% below the average December 2020 detached price in the Breckland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

1 ELSING ROAD Sold Prices

Land registry data shows two sales for 1 ELSING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 1 ELSING ROAD 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
2020 17 DEC	£250,000	£317,784	21% below HPI
1999 26 NOV	£74,950	£93,566	20% below HPI

1 ELSING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 1 ELSING ROAD sales from November 1999 and December 2020 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 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 ELSING ROAD?

1 ELSING ROAD is 83m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where 1 ELSING ROAD lies on this distribution: 31% of detached houses are smaller than 1 ELSING ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Lyng.

1 ELSING ROAD: Plot and Title Map

1 ELSING ROAD sits on a plot of roughly 0.184 of an acre, or 747m². The below map shows the location of 1 ELSING ROAD, 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 ELSING ROAD). 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 ELSING ROAD?

1 ELSING ROAD is located in LYNG, in the NR9 postcode district. The below map shows the position of No. 1 on ELSING ROAD.