30, SCHOOL LANE, SPROWSTON, NORWICH, NR7 8TB - £220,000

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

30 SCHOOL LANE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £220,000 in July 2014, which was around 15% below the average July 2014 detached price in the Broadland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

30 SCHOOL LANE Sold Prices

Land registry data shows two sales for 30 SCHOOL 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 30 SCHOOL 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
2014 16 JUL	£220,000	£260,170	15% below HPI
2001 26 APR	£105,000	£123,348	15% below HPI

30 SCHOOL 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 30 SCHOOL LANE sales from April 2001 and July 2014 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 April 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2014 sale, which was also at 15% below the HPI.

How Large is 30 SCHOOL LANE?

30 SCHOOL LANE is 82m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 30 SCHOOL LANE lies on this distribution: 20% of detached houses are smaller than 30 SCHOOL LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Norwich.

30 SCHOOL LANE: Plot and Title Map

30 SCHOOL LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 30 SCHOOL 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 30 SCHOOL 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 30 SCHOOL LANE?

30 SCHOOL LANE is located in SPROWSTON, in the NR7 postcode district. The below map shows the position of No. 30 on SCHOOL LANE.