1, GREYHOUND LANE, BANHAM, NORWICH, NR16 2HT - £230,000

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 GREYHOUND LANE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £230,000 in February 2016, which was around 10% below the average February 2016 detached price in the Breckland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was C.

1 GREYHOUND LANE Sold Prices

Land registry data shows four sales for 1 GREYHOUND 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 Breckland local authority area for the corresponding sale date. Most of the four 1 GREYHOUND 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
2016 2 FEB	£230,000	£256,228	10% below HPI
2008 17 OCT	£215,000	£217,061	1% below HPI
2003 11 NOV	£195,000	£172,970	13% above HPI
1995 30 NOV	£66,500	£67,581	2% below HPI

1 GREYHOUND LANE 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 four 1 GREYHOUND LANE sales between November 1995 and February 2016 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 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 GREYHOUND LANE?

1 GREYHOUND LANE is 106m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where 1 GREYHOUND LANE lies on this distribution: 46% of detached houses are smaller than 1 GREYHOUND LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Banham.

1 GREYHOUND LANE: Plot and Title Map

1 GREYHOUND LANE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 1 GREYHOUND 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 GREYHOUND 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 GREYHOUND LANE?

1 GREYHOUND LANE is located in BANHAM, in the NR16 postcode district. The below map shows the position of No. 1 on GREYHOUND LANE.