20, COMMON LANE, NORWICH, NR7 0SD - £450,000

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.

20 COMMON LANE is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £447,585. It was last sold for £450,000 in February 2023, which was around 6% above the average February 2023 detached price in the Broadland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

20 COMMON LANE Sold Prices

Land registry data shows three sales for 20 COMMON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Two of the three 20 COMMON LANE sales were for above the average price, whilst one was 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 3 FEB	£450,000	£425,831	6% above HPI
2017 9 NOV	£325,000	£337,300	4% below HPI
2006 31 MAY	£245,950	£228,588	8% above HPI

20 COMMON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 20 COMMON LANE sales between May 2006 and February 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 November 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 20 COMMON LANE be worth now?

20 COMMON LANE might now be worth an estimated £447,585.

This is based on house price deflation of 0.5%, between February 2023 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 20 COMMON LANE of £450,000 on 3rd February 2023. For the value to have decreased from £450,000 to £447,585 over the two years to February 2025, the following assumptions must hold true:

• The value of 20 COMMON LANE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 20 COMMON LANE has not materially changed since February 2023.

How Large is 20 COMMON LANE?

20 COMMON LANE is 102m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% 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 20 COMMON LANE lies on this distribution: 42% of detached houses houses are smaller than 20 COMMON LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Norwich.

20 COMMON LANE: Plot and Title Map

20 COMMON LANE sits on a plot of roughly 0.356 of an acre, or 1,441m². The below map shows the location of 20 COMMON 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 20 COMMON 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 20 COMMON LANE?

20 COMMON LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 20 on COMMON LANE.