23, POUND LANE, NORWICH, NR7 0UW - £217,500

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.

23 POUND LANE is a small semi-detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £346,710. It was last sold for £217,500 in August 2007, which was around 26% above the average August 2007 semi-detached price in the Broadland local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was C.

23 POUND LANE Sold Prices

Land registry data shows two sales for 23 POUND LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. Both of the two 23 POUND LANE sales were for above 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
2007 21 AUG	£217,500	£172,482	26% above HPI
2006 7 APR	£172,350	£149,704	15% above HPI

23 POUND LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The two 23 POUND LANE sales from April 2006 and August 2007 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 April 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2007 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 23 POUND LANE be worth now?

23 POUND LANE might now be worth an estimated £346,710.

This is based on house price inflation of 59.4%, between August 2007 and February 2025, for semi-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 59.4% inflationary increase is applied to the most recent sale price for 23 POUND LANE of £217,500 on 21st August 2007. For the value to have increased from £217,500 to £346,710 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 23 POUND LANE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The August 2007 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 23 POUND LANE has not materially changed since August 2007.

How Large is 23 POUND LANE?

23 POUND LANE is 93m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 40% of semi-detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norwich, and where 23 POUND LANE lies on this distribution: 33% of semi-detached houses houses are smaller than 23 POUND LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Norwich.

23 POUND LANE: Plot and Title Map

23 POUND LANE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 23 POUND 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 POUND 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 POUND LANE?

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