15, BRAYMEADOW LANE, LITTLE MELTON, NORWICH, NR9 3NQ - £426,500

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.

15 BRAYMEADOW LANE is a midsized detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £459,992. It was last sold for £426,500 in March 2022, which was around 5% above the average March 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

15 BRAYMEADOW LANE Sold Prices

Land registry data shows two sales for 15 BRAYMEADOW 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 15 BRAYMEADOW LANE sales were for above 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
2022 31 MAR	£426,500	£408,052	5% above HPI
2003 14 FEB	£230,000	£184,793	24% above HPI

15 BRAYMEADOW 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 15 BRAYMEADOW LANE sales from February 2003 and March 2022 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 February 2003 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 BRAYMEADOW LANE be worth now?

15 BRAYMEADOW LANE might now be worth an estimated £459,992.

This is based on house price inflation of 7.9%, between March 2022 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.9% inflationary increase is applied to the most recent sale price for 15 BRAYMEADOW LANE of £426,500 on 31st March 2022. For the value to have increased from £426,500 to £459,992 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 15 BRAYMEADOW LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2022 sale price of £426,500 represented a fair market value for the property.
• The size, condition, and specification of 15 BRAYMEADOW LANE has not materially changed since March 2022.

How Large is 15 BRAYMEADOW LANE?

15 BRAYMEADOW LANE is 139m² according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Melton, and where 15 BRAYMEADOW LANE lies on this distribution: 57% of detached houses houses are smaller than 15 BRAYMEADOW LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

15 BRAYMEADOW LANE: Plot and Title Map

15 BRAYMEADOW LANE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 15 BRAYMEADOW 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 BRAYMEADOW 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 BRAYMEADOW LANE?

15 BRAYMEADOW LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 15 on BRAYMEADOW LANE.