2, LARKMAN LANE, NORWICH, NR5 8TX - £258,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LARKMAN LANE is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £258,000 in May 2021, which was around 35% below the average May 2021 detached price in the Norwich local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

2 LARKMAN LANE Sold Prices

Land registry data shows two sales for 2 LARKMAN 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 2 LARKMAN 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
2021 12 MAY	£258,000	£395,684	35% below HPI
2007 3 MAY	£160,000	£275,699	42% below HPI

2 LARKMAN 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 2 LARKMAN LANE sales from May 2007 and May 2021 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 May 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 LARKMAN LANE?

2 LARKMAN LANE is 99m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2 LARKMAN LANE lies on this distribution: 39% of detached houses are smaller than 2 LARKMAN LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 LARKMAN LANE: Plot and Title Map

2 LARKMAN LANE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 2 LARKMAN 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 LARKMAN 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 LARKMAN LANE?

2 LARKMAN LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 2 on LARKMAN LANE.