18, COMMON LANE, NORWICH, NR7 0SD - £370,000

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

18 COMMON LANE is a midsized detached house of 115m², built sometime between 1967 and 1975. It was last sold for £370,000 in May 2019, which was around 9% above the average May 2019 detached price in the Broadland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

18 COMMON LANE Sold Prices

Land registry data shows three sales for 18 COMMON 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 18 COMMON 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 3 MAY	£370,000	£338,572	9% above HPI
2018 11 JUN	£370,000	£332,432	11% above HPI
2002 22 MAR	£175,000	£146,275	20% above HPI

18 COMMON 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 18 COMMON LANE sales between March 2002 and May 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 June 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 18 COMMON LANE?

18 COMMON LANE is 115m² according to the EPC inspection conducted in September 2017. 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 18 COMMON LANE lies on this distribution: 57% of detached houses are smaller than 18 COMMON LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 COMMON LANE: Plot and Title Map

18 COMMON LANE sits on a plot of roughly 0.231 of an acre, or 937m². The below map shows the location of 18 COMMON 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 18 COMMON 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 18 COMMON LANE?

18 COMMON LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 18 on COMMON LANE.