15, HEARTSEASE LANE, NORWICH, NR7 9NP - £410,000

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 HEARTSEASE LANE is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £410,000 in March 2022, which was around 6% below the average March 2022 detached price in the Norwich local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

15 HEARTSEASE LANE Sold Prices

Land registry data shows two sales for 15 HEARTSEASE 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 Norwich local authority area for the corresponding sale date. Both of the two 15 HEARTSEASE 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
2022 16 MAR	£410,000	£438,472	6% below HPI
2003 9 OCT	£195,000	£210,124	7% below HPI

15 HEARTSEASE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 15 HEARTSEASE LANE sales from October 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 October 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 15 HEARTSEASE LANE?

15 HEARTSEASE LANE is 112m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 HEARTSEASE LANE lies on this distribution: 53% of detached houses are smaller than 15 HEARTSEASE LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 HEARTSEASE LANE: Plot and Title Map

15 HEARTSEASE LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 15 HEARTSEASE 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 HEARTSEASE 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 HEARTSEASE LANE?

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