1, GURNEY LANE, NORWICH, NR4 7SB - £1,050,000

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 GURNEY LANE is a very large extended detached house of 292m², built sometime between 1976 and 1982. It was last sold for £1,050,000 in September 2022, which was around 148% above the average September 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

1 GURNEY LANE Sold Prices

Land registry data shows two sales for 1 GURNEY 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 South Norfolk local authority area for the corresponding sale date. Both of the two 1 GURNEY LANE sales were for above 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
2022 7 SEP	£1,050,000	£424,046	148% above HPI
1998 29 MAR	£195,000	£82,074	138% above HPI

1 GURNEY 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 two 1 GURNEY LANE sales from March 1998 and September 2022 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 March 1998 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the September 2022 sale, where it rises to 148% above the HPI. The line then continues to track at 148% above the HPI.

How Large is 1 GURNEY LANE?

1 GURNEY LANE is 292m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 10% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 1 GURNEY LANE lies on this distribution: 98% of detached houses are smaller than 1 GURNEY LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

1 GURNEY LANE: Plot and Title Map

1 GURNEY LANE sits on a plot of roughly 0.288 of an acre, or 1,164m². The below map shows the location of 1 GURNEY 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 GURNEY 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 GURNEY LANE?

1 GURNEY LANE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 1 on GURNEY LANE.