111, GIPSY LANE, NORWICH, NR5 8AY - £210,000

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

111 GIPSY LANE is a very small extended detached house of 67m², built sometime between 1930 and 1949. It was last sold for £210,000 in February 2021, which was around 47% below the average February 2021 detached price in the Norwich local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

111 GIPSY LANE Sold Prices

Land registry data shows two sales for 111 GIPSY 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 Norwich local authority area for the corresponding sale date. Both of the two 111 GIPSY 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
2021 10 FEB	£210,000	£396,808	47% below HPI
2015 17 JUL	£150,500	£322,458	53% below HPI

111 GIPSY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 111 GIPSY LANE sales from July 2015 and February 2021 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 July 2015 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 111 GIPSY LANE?

111 GIPSY LANE is 67m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 111 GIPSY LANE lies on this distribution: 7% of detached houses are smaller than 111 GIPSY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Norwich.

111 GIPSY LANE: Plot and Title Map

111 GIPSY LANE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 111 GIPSY 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 111 GIPSY 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 111 GIPSY LANE?

111 GIPSY LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 111 on GIPSY LANE.