12, LONG LANE, MULBARTON, NORWICH, NR14 8AW - £225,000

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 LONG LANE is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £225,000 in December 2010, which was around 5% below the average December 2010 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

12 LONG LANE Sold Prices

Land registry data shows two sales for 12 LONG 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 12 LONG 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
2010 17 DEC	£225,000	£236,201	5% below HPI
2008 25 JUL	£225,000	£244,924	8% below HPI

12 LONG 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 12 LONG LANE sales from July 2008 and December 2010 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 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 12 LONG LANE?

12 LONG LANE is 102m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 12 LONG LANE lies on this distribution: 33% of detached houses are smaller than 12 LONG LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

12 LONG LANE: Plot and Title Map

12 LONG LANE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 12 LONG 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 LONG 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 LONG LANE?

12 LONG LANE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 12 on LONG LANE.