15, ALLENS LANE, SPROWSTON, NORWICH, NR7 8EL - £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

15 ALLENS LANE is a midsized extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £385,000 in February 2024, which was around 3% below the average February 2024 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

15 ALLENS LANE Sold Prices

Land registry data shows two sales for 15 ALLENS 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 Broadland local authority area for the corresponding sale date. Both of the two 15 ALLENS 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
2024 2 FEB	£385,000	£397,538	3% below HPI
2002 27 SEP	£149,950	£171,935	13% below HPI

15 ALLENS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 15 ALLENS LANE sales from September 2002 and February 2024 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 September 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 ALLENS LANE?

15 ALLENS LANE is 102m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 15 ALLENS LANE lies on this distribution: 43% of detached houses are smaller than 15 ALLENS LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 ALLENS LANE: Plot and Title Map

15 ALLENS LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 15 ALLENS 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 15 ALLENS 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 15 ALLENS LANE?

15 ALLENS LANE is located in SPROWSTON, in the NR7 postcode district. The below map shows the position of No. 15 on ALLENS LANE.