118, THUNDER LANE, NORWICH, NR7 0JE - £217,500

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

118 THUNDER LANE is a small extended semi-detached house of 88m², built sometime between 1950 and 1966. It was last sold for £217,500 in October 2015, which was around 27% below the average October 2015 detached price in the Broadland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

118 THUNDER LANE Sold Prices

Land registry data shows two sales for 118 THUNDER 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 Broadland local authority area for the corresponding sale date. Both of the two 118 THUNDER 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
2015 29 OCT	£217,500	£296,001	27% below HPI
2003 12 MAR	£110,500	£185,905	41% below HPI

118 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 two 118 THUNDER LANE sales from March 2003 and October 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 March 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 118 THUNDER LANE?

118 THUNDER LANE is 88m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 118 THUNDER LANE lies on this distribution: 27% of detached houses are smaller than 118 THUNDER LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

118 THUNDER LANE: Plot and Title Map

118 THUNDER LANE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 118 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 118 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 118 THUNDER LANE?

118 THUNDER LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 118 on THUNDER LANE.