2, LONG LANE, MULBARTON, NORWICH, NR14 8AW - £140,000

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 LONG LANE is a small extended semi-detached house of 90m², built sometime before 1900. It was last sold for £140,000 in March 2013, which was around 42% below the average March 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was E.

2 LONG LANE Sold Prices

Land registry data shows two sales for 2 LONG 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 LONG 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
2013 14 MAR	£140,000	£240,686	42% below HPI
2002 9 JAN	£76,000	£144,933	48% below HPI

2 LONG 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 LONG LANE sales from January 2002 and March 2013 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 January 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2013 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 LONG LANE?

2 LONG LANE is 90m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 2 LONG LANE lies on this distribution: 23% of detached houses are smaller than 2 LONG LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

2 LONG LANE: Plot and Title Map

2 LONG LANE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 LONG 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 LONG 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 LONG LANE?

2 LONG LANE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 2 on LONG LANE.