23, ALLENS LANE, SPROWSTON, NORWICH, NR7 8EJ - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 ALLENS LANE is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £280,000 in June 2021, which was around 23% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

23 ALLENS LANE Sold Prices

Land registry data shows three sales for 23 ALLENS 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 23 ALLENS 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 30 JUN	£280,000	£361,326	23% below HPI
2003 30 JAN	£145,000	£181,322	20% below HPI
1996 20 MAR	£48,000	£69,573	31% below HPI

23 ALLENS 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 23 ALLENS LANE sales between March 1996 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 January 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 23 ALLENS LANE?

23 ALLENS LANE is 105m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 23 ALLENS LANE lies on this distribution: 46% of detached houses are smaller than 23 ALLENS LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Norwich.

23 ALLENS LANE: Plot and Title Map

23 ALLENS LANE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 23 ALLENS 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 23 ALLENS 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 23 ALLENS LANE?

23 ALLENS LANE is located in SPROWSTON, in the NR7 postcode district. The below map shows the position of No. 23 on ALLENS LANE.