15, CARGATE LANE, UPTON, NORWICH, NR13 6AU - £235,000

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 CARGATE LANE is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £235,000 in December 2018, which was around 32% below the average December 2018 detached price in the Broadland local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

15 CARGATE LANE Sold Prices

Land registry data shows three sales for 15 CARGATE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 15 CARGATE 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
2018 4 DEC	£235,000	£346,765	32% below HPI
2016 14 NOV	£220,000	£318,914	31% below HPI
1999 23 MAR	£70,000	£86,346	19% below HPI

15 CARGATE 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 three 15 CARGATE LANE sales between March 1999 and December 2018 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 November 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 15 CARGATE LANE?

15 CARGATE LANE is 108m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 15 CARGATE LANE lies on this distribution: 38% of detached houses are smaller than 15 CARGATE LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Upton.

15 CARGATE LANE: Plot and Title Map

15 CARGATE LANE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 15 CARGATE 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 CARGATE 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 CARGATE LANE?

15 CARGATE LANE is located in UPTON, in the NR13 postcode district. The below map shows the position of No. 15 on CARGATE LANE.