20, GREEN LANE, HORSTEAD, NORWICH, NR12 7EL - £405,000

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 GREEN LANE is a midsized extended detached house of 115m², built sometime between 1930 and 1949, which could now be worth an estimated £508,133. It was last sold for £405,000 in May 2018, which was around 20% above the average May 2018 detached price in the Broadland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

20 GREEN LANE Sold Prices

Land registry data shows four sales for 20 GREEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. two of the four 20 GREEN LANE sales were for above the average price, and four 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
2018 2 MAY	£405,000	£337,581	20% above HPI
2014 6 JUN	£278,000	£257,578	8% above HPI
2004 23 JUL	£170,000	£208,163	18% below HPI
2000 1 DEC	£97,500	£117,848	17% below HPI

20 GREEN 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 four 20 GREEN LANE sales between December 2000 and May 2018 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 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 20 GREEN LANE be worth now?

20 GREEN LANE might now be worth an estimated £508,133.

This is based on house price inflation of 25.5%, between May 2018 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 25.5% inflationary increase is applied to the most recent sale price for 20 GREEN LANE of £405,000 on 2nd May 2018. For the value to have increased from £405,000 to £508,133 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 20 GREEN LANE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2018 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GREEN LANE has not materially changed since May 2018.

How Large is 20 GREEN LANE?

20 GREEN LANE is 115m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses houses in Horstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horstead, and where 20 GREEN LANE lies on this distribution: 56% of detached houses houses are smaller than 20 GREEN LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Horstead.

20 GREEN LANE: Plot and Title Map

20 GREEN LANE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 20 GREEN 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 GREEN 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 GREEN LANE?

20 GREEN LANE is located in HORSTEAD, in the NR12 postcode district. The below map shows the position of No. 20 on GREEN LANE.