39, GREEN LANE EAST, RACKHEATH, NORWICH, NR13 6QL - £261,000

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

39 GREEN LANE EAST is a small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £261,000 in November 2015, which was around 12% below the average November 2015 detached price in the Broadland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

39 GREEN LANE EAST Sold Prices

Land registry data shows three sales for 39 GREEN LANE EAST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 39 GREEN LANE EAST 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
2015 12 NOV	£261,000	£294,945	12% below HPI
2009 28 AUG	£110,000	£219,517	50% below HPI
2007 22 MAR	£135,000	£246,590	45% below HPI

39 GREEN LANE EAST 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 three 39 GREEN LANE EAST sales between March 2007 and November 2015 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 August 2009 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 39 GREEN LANE EAST?

39 GREEN LANE EAST is 86m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 39 GREEN LANE EAST lies on this distribution: 20% of detached houses are smaller than 39 GREEN LANE EAST, and 80% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

39 GREEN LANE EAST: Plot and Title Map

39 GREEN LANE EAST sits on a plot of roughly 0.236 of an acre, or 954m². The below map shows the location of 39 GREEN LANE EAST, 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 39 GREEN LANE EAST). 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 39 GREEN LANE EAST?

39 GREEN LANE EAST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 39 on GREEN LANE EAST.