223, THUNDER LANE, NORWICH, NR7 0JA - £365,000

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

223 THUNDER LANE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £365,000 in August 2018, which was around 10% above the average August 2018 detached price in the Broadland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

223 THUNDER LANE Sold Prices

Land registry data shows four sales for 223 THUNDER 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. Most of the four 223 THUNDER 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
2018 3 AUG	£365,000	£332,179	10% above HPI
2017 11 JAN	£280,000	£317,048	12% below HPI
2013 5 JUL	£185,000	£247,702	25% below HPI
2013 20 MAR	£194,000	£242,624	20% below HPI

223 THUNDER 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 223 THUNDER LANE sales between March 2013 and August 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 January 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 223 THUNDER LANE?

223 THUNDER LANE is 94m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 223 THUNDER LANE lies on this distribution: 34% of detached houses are smaller than 223 THUNDER LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Norwich.

223 THUNDER LANE: Plot and Title Map

223 THUNDER LANE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 223 THUNDER 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 223 THUNDER 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 223 THUNDER LANE?

223 THUNDER LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 223 on THUNDER LANE.