14, BIRCHFIELD LANE, MULBARTON, NORWICH, NR14 8BZ - £348,500

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

14 BIRCHFIELD LANE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £348,500 in December 2023, which was around 14% below the average December 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

14 BIRCHFIELD LANE Sold Prices

Land registry data shows two sales for 14 BIRCHFIELD 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 14 BIRCHFIELD 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
2023 15 DEC	£348,500	£403,614	14% below HPI
2006 5 MAY	£195,000	£233,662	17% below HPI

14 BIRCHFIELD 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 14 BIRCHFIELD LANE sales from May 2006 and December 2023 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 14 BIRCHFIELD LANE?

14 BIRCHFIELD LANE is 77m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 14 BIRCHFIELD LANE lies on this distribution: 12% of detached houses are smaller than 14 BIRCHFIELD LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

14 BIRCHFIELD LANE: Plot and Title Map

14 BIRCHFIELD LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 14 BIRCHFIELD 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 14 BIRCHFIELD 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 14 BIRCHFIELD LANE?

14 BIRCHFIELD LANE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 14 on BIRCHFIELD LANE.