219, MILE CROSS LANE, NORWICH, NR6 6RA - £225,000

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

219 MILE CROSS LANE is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £225,000 in April 2020, which was around 40% below the average April 2020 detached price in the Norwich local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

219 MILE CROSS LANE Sold Prices

Land registry data shows two sales for 219 MILE CROSS 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 Norwich local authority area for the corresponding sale date. Both of the two 219 MILE CROSS 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
2020 30 APR	£225,000	£377,606	40% below HPI
2017 15 NOV	£175,500	£365,533	52% below HPI

219 MILE CROSS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 219 MILE CROSS LANE sales from November 2017 and April 2020 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 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2020 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 219 MILE CROSS LANE?

219 MILE CROSS LANE is 79m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 219 MILE CROSS LANE lies on this distribution: 17% of detached houses are smaller than 219 MILE CROSS LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Norwich.

219 MILE CROSS LANE: Plot and Title Map

219 MILE CROSS LANE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 219 MILE CROSS 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 219 MILE CROSS 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 219 MILE CROSS LANE?

219 MILE CROSS LANE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 219 on MILE CROSS LANE.