3, BRAYMEADOW LANE, LITTLE MELTON, NORWICH, NR9 3NQ - £360,000

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

3 BRAYMEADOW LANE is a small detached house of 112m², built sometime between 1976 and 1982. It was last sold for £360,000 in November 2023, which was around 10% below the average November 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

3 BRAYMEADOW LANE Sold Prices

Land registry data shows two sales for 3 BRAYMEADOW 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 South Norfolk local authority area for the corresponding sale date. Both of the two 3 BRAYMEADOW 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
2023 1 NOV	£360,000	£400,802	10% below HPI
2007 1 AUG	£239,950	£257,246	7% below HPI

3 BRAYMEADOW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 3 BRAYMEADOW LANE sales from August 2007 and November 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 August 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 BRAYMEADOW LANE?

3 BRAYMEADOW LANE is 112m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 3 BRAYMEADOW LANE lies on this distribution: 33% of detached houses are smaller than 3 BRAYMEADOW LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

3 BRAYMEADOW LANE: Plot and Title Map

3 BRAYMEADOW LANE sits on a plot of roughly 0.217 of an acre, or 880m². The below map shows the location of 3 BRAYMEADOW 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 3 BRAYMEADOW 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 3 BRAYMEADOW LANE?

3 BRAYMEADOW LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 3 on BRAYMEADOW LANE.