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 PALMERS LANE is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £450,000 in May 2022, which was around 11% above the average May 2022 detached price in the Broadland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 PALMERS LANE since 1st 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. The three 1 PALMERS LANE sales were a mix of above the average price, and roughly equal to 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 31 MAY | £450,000 | £405,424 | 11% above HPI |
2017 31 MAR | £320,000 | £319,967 | Close to HPI |
1995 16 MAR | £95,000 | £70,232 | 35% above HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 1 PALMERS LANE sales between March 1995 and May 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 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
1 PALMERS LANE is 116m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses in Aylsham, based on EPC data. The below chart shows the distribution of detached houses by size in Aylsham, and where 1 PALMERS LANE lies on this distribution: 54% of detached houses are smaller than 1 PALMERS LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Aylsham.
1 PALMERS LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 1 PALMERS 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 PALMERS 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.
1 PALMERS LANE is located in AYLSHAM, in the NR11 postcode district. The below map shows the position of No. 1 on PALMERS LANE.