2, SCHOOL LANE, HARLESTON, IP20 9HG - £387,500

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 SCHOOL LANE is a large extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £387,500 in July 2019, which was around 17% above the average July 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

2 SCHOOL LANE Sold Prices

Land registry data shows two sales for 2 SCHOOL 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 SCHOOL LANE sales were 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 29 JUL	£387,500	£332,026	17% above HPI
2016 1 JUN	£365,000	£298,650	22% above HPI

2 SCHOOL 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 SCHOOL LANE sales from June 2016 and July 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 June 2016 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 SCHOOL LANE?

2 SCHOOL LANE is 128m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Harleston, based on EPC data. The below chart shows the distribution of detached houses by size in Harleston, and where 2 SCHOOL LANE lies on this distribution: 80% of detached houses are smaller than 2 SCHOOL LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Harleston.

2 SCHOOL LANE: Plot and Title Map

2 SCHOOL LANE sits on a plot of roughly 0.213 of an acre, or 861m². The below map shows the location of 2 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

2 SCHOOL LANE is located in HARLESTON, in the IP20 postcode district. The below map shows the position of No. 2 on SCHOOL LANE.