1, THUNDER LANE, NORWICH, NR7 0PX - £550,000

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 THUNDER LANE is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £550,000 in June 2023, which was around 34% above the average June 2023 detached price in the Broadland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

1 THUNDER LANE Sold Prices

Land registry data shows three sales for 1 THUNDER 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. The three 1 THUNDER 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
2023 30 JUN	£550,000	£409,629	34% above HPI
2010 12 OCT	£285,000	£243,416	17% above HPI
1997 9 JUN	£76,000	£75,794	Close to HPI

1 THUNDER 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 THUNDER LANE sales between June 1997 and June 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 October 2010 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 1 THUNDER LANE?

1 THUNDER LANE is 127m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 1 THUNDER LANE lies on this distribution: 68% of detached houses are smaller than 1 THUNDER LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 THUNDER LANE: Plot and Title Map

1 THUNDER LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 THUNDER 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 THUNDER 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 THUNDER LANE?

1 THUNDER LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1 on THUNDER LANE.