2, BROAD LANE, SOUTH WALSHAM, NORWICH, NR13 6EE - £300,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 BROAD LANE is a large extended detached house of 182m², built sometime before 1900. It was last sold for £300,000 in May 2019, which was around 11% below the average May 2019 detached price in the Broadland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

2 BROAD LANE Sold Prices

Land registry data shows two sales for 2 BROAD 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 Broadland local authority area for the corresponding sale date. One of the two 2 BROAD LANE sales was for below the average price, whilst the other was 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 2 MAY	£300,000	£338,572	11% below HPI
2015 11 NOV	£300,000	£294,945	2% above HPI

2 BROAD 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 two 2 BROAD LANE sales from November 2015 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 November 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 BROAD LANE?

2 BROAD LANE is 182m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Pilson Green, based on EPC data. The below chart shows the distribution of detached houses by size in Pilson Green, and where 2 BROAD LANE lies on this distribution: 65% of detached houses are smaller than 2 BROAD LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Pilson Green.

2 BROAD LANE: Plot and Title Map

2 BROAD LANE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 2 BROAD 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 BROAD 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 BROAD LANE?

2 BROAD LANE is located in SOUTH WALSHAM, in the NR13 postcode district. The below map shows the position of No. 2 on BROAD LANE.