2, BLACKMILL LANE, GREAT MOULTON, NORWICH, NR15 2DZ - £265,000

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 BLACKMILL LANE is a very small extended detached house of 87m², built sometime before 1900, which could now be worth an estimated £313,772. It was last sold for £265,000 in October 2020, which was around 29% below the average October 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

2 BLACKMILL LANE Sold Prices

Land registry data shows two sales for 2 BLACKMILL 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 2 BLACKMILL 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
2020 5 OCT	£265,000	£371,688	29% below HPI
1999 30 APR	£66,500	£90,267	26% below HPI

2 BLACKMILL 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 2 BLACKMILL LANE sales from April 1999 and October 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 April 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 BLACKMILL LANE be worth now?

2 BLACKMILL LANE might now be worth an estimated £313,772.

This is based on house price inflation of 18.4%, between October 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 2 BLACKMILL LANE of £265,000 on 5th October 2020. For the value to have increased from £265,000 to £313,772 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 BLACKMILL LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BLACKMILL LANE has not materially changed since October 2020.

How Large is 2 BLACKMILL LANE?

2 BLACKMILL LANE is 87m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses houses in Sneath Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sneath Common, and where 2 BLACKMILL LANE lies on this distribution: 18% of detached houses houses are smaller than 2 BLACKMILL LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sneath Common.

2 BLACKMILL LANE: Plot and Title Map

2 BLACKMILL LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 2 BLACKMILL 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 BLACKMILL 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 BLACKMILL LANE?

2 BLACKMILL LANE is located in GREAT MOULTON, in the NR15 postcode district. The below map shows the position of No. 2 on BLACKMILL LANE.