2, ALLENS LANE, NORWICH, NR2 2JB - £318,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ALLENS LANE is a very small semi-detached house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £372,114. It was last sold for £318,500 in November 2020, which was around 27% above the average November 2020 semi-detached price in the Norwich local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

2 ALLENS LANE Sold Prices

Land registry data shows two sales for 2 ALLENS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Norwich local authority area for the corresponding sale date. Both of the two 2 ALLENS 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
2020 30 NOV	£318,500	£250,108	27% above HPI
1996 9 FEB	£55,500	£43,384	28% above HPI

2 ALLENS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Norwich local authority area over time, sourced from the HPI. The two 2 ALLENS LANE sales from February 1996 and November 2020 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 February 1996 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2020 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 ALLENS LANE be worth now?

2 ALLENS LANE might now be worth an estimated £372,114.

This is based on house price inflation of 16.8%, between November 2020 and February 2025, for semi-detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 2 ALLENS LANE of £318,500 on 30th November 2020. For the value to have increased from £318,500 to £372,114 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ALLENS LANE has moved in line with the HPI for semi-detached houses in the Norwich local authority area.
• The November 2020 sale price of £318,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ALLENS LANE has not materially changed since November 2020.

How Large is 2 ALLENS LANE?

2 ALLENS LANE is 79m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 2 ALLENS LANE lies on this distribution: 17% of semi-detached houses houses are smaller than 2 ALLENS LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 ALLENS LANE: Plot and Title Map

2 ALLENS LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 ALLENS 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 2 ALLENS 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 2 ALLENS LANE?

2 ALLENS LANE is located in NORWICH, in the NR2 postcode district. The below map shows the position of No. 2 on ALLENS LANE.