2, GREYHOUND LANE, BANHAM, NORWICH, NR16 2HT - £280,750

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

2 GREYHOUND LANE is a midsized extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £280,750 in October 2023, which was around 22% below the average October 2023 detached price in the Breckland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

2 GREYHOUND LANE Sold Prices

Land registry data shows two sales for 2 GREYHOUND 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 Breckland local authority area for the corresponding sale date. Both of the two 2 GREYHOUND 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
2023 27 OCT	£280,750	£360,151	22% below HPI
1998 21 AUG	£59,500	£78,692	24% below HPI

2 GREYHOUND LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 2 GREYHOUND LANE sales from August 1998 and October 2023 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 August 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 GREYHOUND LANE?

2 GREYHOUND LANE is 100m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where 2 GREYHOUND LANE lies on this distribution: 40% of detached houses are smaller than 2 GREYHOUND LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Banham.

2 GREYHOUND LANE: Plot and Title Map

2 GREYHOUND LANE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 GREYHOUND 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 GREYHOUND 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 GREYHOUND LANE?

2 GREYHOUND LANE is located in BANHAM, in the NR16 postcode district. The below map shows the position of No. 2 on GREYHOUND LANE.