127, GREEN LANE WEST, RACKHEATH, NORWICH, NR13 6PH - £253,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

127 GREEN LANE WEST is a small semi-detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £321,464. It was last sold for £253,000 in December 2017, which was around 17% above the average December 2017 semi-detached price in the Broadland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

127 GREEN LANE WEST Sold Prices

Land registry data shows two sales for 127 GREEN LANE WEST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. One of the two 127 GREEN LANE WEST 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
2017 21 DEC	£253,000	£216,391	17% above HPI
2005 8 JUL	£128,950	£145,233	11% below HPI

127 GREEN LANE WEST Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The two 127 GREEN LANE WEST sales from July 2005 and December 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 July 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 127 GREEN LANE WEST be worth now?

127 GREEN LANE WEST might now be worth an estimated £321,464.

This is based on house price inflation of 27.1%, between December 2017 and February 2025, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.1% inflationary increase is applied to the most recent sale price for 127 GREEN LANE WEST of £253,000 on 21st December 2017. For the value to have increased from £253,000 to £321,464 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 127 GREEN LANE WEST has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The December 2017 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 127 GREEN LANE WEST has not materially changed since December 2017.

How Large is 127 GREEN LANE WEST?

127 GREEN LANE WEST is 98m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of semi-detached houses houses in Rackheath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rackheath, and where 127 GREEN LANE WEST lies on this distribution: 34% of semi-detached houses houses are smaller than 127 GREEN LANE WEST, and 66% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

127 GREEN LANE WEST: Plot and Title Map

127 GREEN LANE WEST sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 127 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 127 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 127 GREEN LANE WEST?

127 GREEN LANE WEST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 127 on GREEN LANE WEST.