38, GREEN LANE WEST, RACKHEATH, NORWICH, NR13 6PG - £191,500

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

38 GREEN LANE WEST is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £191,500 in June 2006, which was around 17% below the average June 2006 detached price in the Broadland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

38 GREEN LANE WEST Sold Prices

Land registry data shows two sales for 38 GREEN LANE WEST 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. One of the two 38 GREEN LANE WEST sales was for below the average price, whilst the other was for above 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
2006 22 JUN	£191,500	£230,142	17% below HPI
2001 7 DEC	£145,000	£141,343	3% above HPI

38 GREEN LANE WEST 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 38 GREEN LANE WEST sales from December 2001 and June 2006 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 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2006 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 38 GREEN LANE WEST?

38 GREEN LANE WEST is 100m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 38 GREEN LANE WEST lies on this distribution: 36% of detached houses are smaller than 38 GREEN LANE WEST, and 64% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

38 GREEN LANE WEST: Plot and Title Map

38 GREEN LANE WEST sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 38 GREEN LANE WEST, 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 38 GREEN LANE WEST). 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 38 GREEN LANE WEST?

38 GREEN LANE WEST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 38 on GREEN LANE WEST.