11, SCHOOL LANE, LITTLE MELTON, NORWICH, NR9 3AD - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 SCHOOL LANE is a small detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £377,905. It was last sold for £295,000 in September 2019, which was around 14% below the average September 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

11 SCHOOL LANE Sold Prices

Land registry data shows two sales for 11 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 11 SCHOOL 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
2019 10 SEP	£295,000	£343,547	14% below HPI
2013 1 MAR	£227,000	£248,229	9% below HPI

11 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 11 SCHOOL LANE sales from March 2013 and September 2019 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 SCHOOL LANE be worth now?

11 SCHOOL LANE might now be worth an estimated £377,905.

This is based on house price inflation of 28.1%, between September 2019 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 11 SCHOOL LANE of £295,000 on 10th September 2019. For the value to have increased from £295,000 to £377,905 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 SCHOOL LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SCHOOL LANE has not materially changed since September 2019.

How Large is 11 SCHOOL LANE?

11 SCHOOL LANE is 105m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Melton, and where 11 SCHOOL LANE lies on this distribution: 23% of detached houses houses are smaller than 11 SCHOOL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

11 SCHOOL LANE: Plot and Title Map

11 SCHOOL LANE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 11 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 11 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 11 SCHOOL LANE?

11 SCHOOL LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 11 on SCHOOL LANE.