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

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 LARKMAN LANE is a small extended detached house of 99m², built sometime between 1900 and 1929, which could now be worth an estimated £292,220. It was last sold for £258,000 in May 2021, which was around 37% 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	£407,968	37% below HPI
2007 3 MAY	£160,000	£284,258	44% 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 LARKMAN LANE be worth now?

2 LARKMAN LANE might now be worth an estimated £292,220.

This is based on house price inflation of 13.3%, between May 2021 and February 2025, for 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 13.3% inflationary increase is applied to the most recent sale price for 2 LARKMAN LANE of £258,000 on 12th May 2021. For the value to have increased from £258,000 to £292,220 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 LARKMAN LANE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The May 2021 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LARKMAN LANE has not materially changed since May 2021.

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 houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 2 LARKMAN LANE lies on this distribution: 39% of detached houses 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.