12, PARK LANE, WYMONDHAM, NR18 9BG - £377,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 PARK LANE is a large detached house of 123m², built sometime between 1930 and 1949. It was last sold for £377,000 in July 2020, which was around 7% above the average July 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

12 PARK LANE Sold Prices

Land registry data shows two sales for 12 PARK 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. One of the two 12 PARK LANE sales was for above the average price, whilst the other was 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
2020 8 JUL	£377,000	£350,999	7% above HPI
2006 25 MAY	£220,000	£233,662	6% below HPI

12 PARK 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 PARK LANE sales from May 2006 and July 2020 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 12 PARK LANE?

12 PARK LANE is 123m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 12 PARK LANE lies on this distribution: 67% of detached houses are smaller than 12 PARK LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

12 PARK LANE: Plot and Title Map

12 PARK LANE sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of 12 PARK 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 PARK 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 PARK LANE?

12 PARK LANE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 12 on PARK LANE.