31, LAKELAND WAY, HETHERSETT, NORWICH, NR9 3QA - £133,000

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

31 LAKELAND WAY is a very small extended semi-detached house of 69m², built sometime between 1991 and 1995. It was last sold for £133,000 in November 2003, which was around 33% below the average November 2003 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

31 LAKELAND WAY Sold Prices

Land registry data shows three sales for 31 LAKELAND WAY 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 31 LAKELAND WAY 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
2003 28 NOV	£133,000	£198,009	33% below HPI
2002 28 JUN	£119,950	£153,486	22% below HPI
1995 21 APR	£53,500	£70,927	25% below HPI

31 LAKELAND WAY 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 31 LAKELAND WAY sales between April 1995 and November 2003 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 June 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2003 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 LAKELAND WAY?

31 LAKELAND WAY is 69m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 31 LAKELAND WAY lies on this distribution: 4% of detached houses are smaller than 31 LAKELAND WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

31 LAKELAND WAY: Plot and Title Map

31 LAKELAND WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 31 LAKELAND WAY, 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 31 LAKELAND WAY). 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 31 LAKELAND WAY?

31 LAKELAND WAY is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 31 on LAKELAND WAY.