12, GURNEY LANE, NORWICH, NR4 7SB - £385,000

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

12 GURNEY LANE is a small detached house of 112m², built sometime between 1950 and 1966. It was last sold for £385,000 in April 2017, which was around 22% above the average April 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

12 GURNEY LANE Sold Prices

Land registry data shows three sales for 12 GURNEY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 12 GURNEY 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
2017 13 APR	£385,000	£315,622	22% above HPI
2006 7 APR	£292,000	£226,771	29% above HPI
2004 12 FEB	£240,000	£193,516	24% above HPI

12 GURNEY 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 three 12 GURNEY LANE sales between February 2004 and April 2017 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 April 2006 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 12 GURNEY LANE?

12 GURNEY LANE is 112m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Cringleford, based on EPC data. The below chart shows the distribution of detached houses by size in Cringleford, and where 12 GURNEY LANE lies on this distribution: 25% of detached houses are smaller than 12 GURNEY LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Cringleford.

12 GURNEY LANE: Plot and Title Map

12 GURNEY LANE sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 12 GURNEY 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 12 GURNEY 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 12 GURNEY LANE?

12 GURNEY LANE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 12 on GURNEY LANE.