16, NURSERY LANE, COSTESSEY, NORWICH, NR8 5BU - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 NURSERY LANE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £370,000 in January 2019, which was around 9% above the average January 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

16 NURSERY LANE Sold Prices

Land registry data shows two sales for 16 NURSERY 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 16 NURSERY 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
2019 4 JAN	£370,000	£339,431	9% above HPI
2001 17 JUL	£157,000	£131,477	19% above HPI

16 NURSERY 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 16 NURSERY LANE sales from July 2001 and January 2019 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 July 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 NURSERY LANE?

16 NURSERY LANE is 82m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 16 NURSERY LANE lies on this distribution: 9% of detached houses are smaller than 16 NURSERY LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Costessey.

16 NURSERY LANE: Plot and Title Map

16 NURSERY LANE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 16 NURSERY 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 16 NURSERY 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 16 NURSERY LANE?

16 NURSERY LANE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 16 on NURSERY LANE.