21, POSTWICK LANE, BRUNDALL, NORWICH, NR13 5RQ - £235,000

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

21 POSTWICK LANE is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £235,000 in June 2021, which was around 35% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

21 POSTWICK LANE Sold Prices

Land registry data shows three sales for 21 POSTWICK 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. All of the three 21 POSTWICK 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 25 JUN	£235,000	£361,326	35% below HPI
2019 15 NOV	£236,500	£338,659	30% below HPI
2018 1 MAR	£215,000	£334,274	36% below HPI

21 POSTWICK 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 21 POSTWICK LANE sales between March 2018 and June 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 November 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 21 POSTWICK LANE?

21 POSTWICK LANE is 73m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Brundall, based on EPC data. The below chart shows the distribution of detached houses by size in Brundall, and where 21 POSTWICK LANE lies on this distribution: 10% of detached houses are smaller than 21 POSTWICK LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Brundall.

21 POSTWICK LANE: Plot and Title Map

21 POSTWICK LANE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 21 POSTWICK 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 21 POSTWICK 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 21 POSTWICK LANE?

21 POSTWICK LANE is located in BRUNDALL, in the NR13 postcode district. The below map shows the position of No. 21 on POSTWICK LANE.