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
26 FACTORY LANE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £460,000 in June 2023, which was around 12% above the average June 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 26 FACTORY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. The three 26 FACTORY LANE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2023 8 JUN | £460,000 | £411,836 | 12% above HPI |
2018 16 FEB | £325,000 | £324,788 | Close to HPI |
2008 17 DEC | £215,000 | £209,015 | 3% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 26 FACTORY LANE sales between December 2008 and June 2023 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 February 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
26 FACTORY LANE is 125m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Diss, based on EPC data. The below chart shows the distribution of detached houses by size in Diss, and where 26 FACTORY LANE lies on this distribution: 76% of detached houses are smaller than 26 FACTORY LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Diss.
26 FACTORY LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 26 FACTORY 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 26 FACTORY 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.
26 FACTORY LANE is located in ROYDON, in the IP22 postcode district. The below map shows the position of No. 26 on FACTORY LANE.