27, LAKELAND CLOSE, LITTLE PLUMSTEAD, NORWICH, NR13 5FF - £245,000

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

27 LAKELAND CLOSE is a very small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £245,000 in May 2016, which was around 19% below the average May 2016 detached price in the Broadland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

27 LAKELAND CLOSE Sold Prices

Land registry data shows two sales for 27 LAKELAND CLOSE 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 27 LAKELAND CLOSE 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
2016 9 MAY	£245,000	£301,099	19% below HPI
2006 20 DEC	£195,000	£244,135	20% below HPI

27 LAKELAND CLOSE 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 27 LAKELAND CLOSE sales from December 2006 and May 2016 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 December 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 27 LAKELAND CLOSE?

27 LAKELAND CLOSE is 78m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Little Plumstead, based on EPC data. The below chart shows the distribution of detached houses by size in Little Plumstead, and where 27 LAKELAND CLOSE lies on this distribution: 8% of detached houses are smaller than 27 LAKELAND CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

27 LAKELAND CLOSE: Plot and Title Map

27 LAKELAND CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 27 LAKELAND CLOSE, 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 27 LAKELAND CLOSE). 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 27 LAKELAND CLOSE?

27 LAKELAND CLOSE is located in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 27 on LAKELAND CLOSE.