24, THUNDER LANE, NORWICH, NR7 0PX - £561,000

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

24 THUNDER LANE is a very large extended detached house of 185m², built sometime between 1900 and 1929. It was last sold for £561,000 in August 2019, which was around 64% above the average August 2019 detached price in the Broadland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

24 THUNDER LANE Sold Prices

Land registry data shows two sales for 24 THUNDER 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 Broadland local authority area for the corresponding sale date. Both of the two 24 THUNDER 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
2019 14 AUG	£561,000	£342,621	64% above HPI
2014 14 NOV	£422,500	£267,960	58% above HPI

24 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 two 24 THUNDER LANE sales from November 2014 and August 2019 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 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2019 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 24 THUNDER LANE?

24 THUNDER LANE is 185m², which includes four extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 24 THUNDER LANE lies on this distribution: 92% of detached houses are smaller than 24 THUNDER LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Norwich.

24 THUNDER LANE: Plot and Title Map

24 THUNDER LANE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 24 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 24 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 24 THUNDER LANE?

24 THUNDER LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 24 on THUNDER LANE.