19, PARK LANE, NORWICH, NR2 3EE - £1,190,000

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

19 PARK LANE is a very large extended detached house of 206m², built sometime before 1900. It was last sold for £1,190,000 in January 2024, which was around 162% above the average January 2024 detached price in the Norwich local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

19 PARK LANE Sold Prices

Land registry data shows two sales for 19 PARK 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 19 PARK 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
2024 19 JAN	£1,190,000	£454,313	162% above HPI
2005 30 SEP	£339,000	£238,099	42% above HPI

19 PARK 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 19 PARK LANE sales from September 2005 and January 2024 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 September 2005 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2024 sale, where it rises to 162% above the HPI. The line then continues to track at 162% above the HPI.

How Large is 19 PARK LANE?

19 PARK LANE is 206m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 19 PARK LANE lies on this distribution: 95% of detached houses are smaller than 19 PARK LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Norwich.

19 PARK LANE: Plot and Title Map

19 PARK LANE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 19 PARK 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 19 PARK 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 19 PARK LANE?

19 PARK LANE is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 19 on PARK LANE.