3, THREE MILE LANE, NORWICH, NR5 0RR - £240,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 THREE MILE LANE is a very large extended semi-detached house of 149m², built sometime between 1950 and 1966. It was last sold for £240,000 in June 2021, which was around 35% below the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

3 THREE MILE LANE Sold Prices

Land registry data shows three sales for 3 THREE MILE LANE since 1^st 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. All of the three 3 THREE MILE 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
2021 25 JUN	£240,000	£371,330	35% below HPI
2011 2 DEC	£161,500	£235,994	32% below HPI
1999 8 NOV	£76,000	£100,364	24% below HPI

3 THREE MILE 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 three 3 THREE MILE LANE sales between November 1999 and June 2021 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 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 THREE MILE LANE?

3 THREE MILE LANE is 149m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 3 THREE MILE LANE lies on this distribution: 81% of detached houses are smaller than 3 THREE MILE LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 THREE MILE LANE: Plot and Title Map

3 THREE MILE LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 THREE MILE 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 THREE MILE 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 THREE MILE LANE?

3 THREE MILE LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 3 on THREE MILE LANE.