305, THUNDER LANE, NORWICH, NR7 0JA - £310,000

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

305 THUNDER LANE is a midsized detached house of 109m². It was last sold for £310,000 in October 2016, which was around 2% below the average October 2016 detached price in the Broadland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

305 THUNDER LANE Sold Prices

Land registry data shows two sales for 305 THUNDER 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 305 THUNDER 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
2016 7 OCT	£310,000	£315,199	2% below HPI
2015 18 SEP	£280,000	£291,153	4% below HPI

305 THUNDER 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 305 THUNDER LANE sales from September 2015 and October 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 September 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 305 THUNDER LANE?

305 THUNDER LANE is 109m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 305 THUNDER LANE lies on this distribution: 50% of detached houses are smaller than 305 THUNDER LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Norwich.

305 THUNDER LANE: Plot and Title Map

305 THUNDER LANE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 305 THUNDER 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 305 THUNDER 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 305 THUNDER LANE?

305 THUNDER LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 305 on THUNDER LANE.