109, SCHOOL LANE, LITTLE MELTON, NORWICH, NR9 3LA - £630,000

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

109 SCHOOL LANE is a very large extended detached house of 218m², built sometime between 1950 and 1966. It was last sold for £630,000 in October 2023, which was around 57% above the average October 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

109 SCHOOL LANE Sold Prices

Land registry data shows two sales for 109 SCHOOL 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 109 SCHOOL 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
2023 20 OCT	£630,000	£402,078	57% above HPI
2014 9 MAY	£300,000	£253,768	18% above HPI

109 SCHOOL 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 109 SCHOOL LANE sales from May 2014 and October 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 May 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2023 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 109 SCHOOL LANE?

109 SCHOOL LANE is 218m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 109 SCHOOL LANE lies on this distribution: 91% of detached houses are smaller than 109 SCHOOL LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

109 SCHOOL LANE: Plot and Title Map

109 SCHOOL LANE sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of 109 SCHOOL 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 109 SCHOOL 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 109 SCHOOL LANE?

109 SCHOOL LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 109 on SCHOOL LANE.