38, GUNTON LANE, NORWICH, NR5 0AE - £222,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 GUNTON LANE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £222,500 in May 2016, which was around 26% below the average May 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

38 GUNTON LANE Sold Prices

Land registry data shows two sales for 38 GUNTON 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 South Norfolk local authority area for the corresponding sale date. Both of the two 38 GUNTON 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 27 MAY	£222,500	£299,411	26% below HPI
2011 20 JUN	£112,500	£227,020	50% below HPI

38 GUNTON 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 two 38 GUNTON LANE sales from June 2011 and May 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 June 2011 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 38 GUNTON LANE?

38 GUNTON LANE is 90m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 38 GUNTON LANE lies on this distribution: 29% of detached houses are smaller than 38 GUNTON LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Norwich.

38 GUNTON LANE: Plot and Title Map

38 GUNTON LANE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 38 GUNTON 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 38 GUNTON 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 38 GUNTON LANE?

38 GUNTON LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 38 on GUNTON LANE.