113, GREEN LANE WEST, RACKHEATH, NORWICH, NR13 6PH - £315,000

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

113 GREEN LANE WEST is a very large extended semi-detached house of 152m², built sometime between 1967 and 1975. It was last sold for £315,000 in April 2015, which was around 13% above the average April 2015 detached price in the Broadland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

113 GREEN LANE WEST Sold Prices

Land registry data shows two sales for 113 GREEN LANE WEST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 113 GREEN LANE WEST 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
2015 24 APR	£315,000	£278,749	13% above HPI
2004 14 MAY	£212,000	£199,753	6% above HPI

113 GREEN LANE WEST 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 two 113 GREEN LANE WEST sales from May 2004 and April 2015 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 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 113 GREEN LANE WEST?

113 GREEN LANE WEST is 152m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 113 GREEN LANE WEST lies on this distribution: 82% of detached houses are smaller than 113 GREEN LANE WEST, and 18% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

113 GREEN LANE WEST: Plot and Title Map

113 GREEN LANE WEST sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 113 GREEN LANE WEST, 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 113 GREEN LANE WEST). 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 113 GREEN LANE WEST?

113 GREEN LANE WEST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 113 on GREEN LANE WEST.