39, LAKELAND WAY, HETHERSETT, NORWICH, NR9 3QA - £228,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

39 LAKELAND WAY is a midsized extended detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £439,717. It was last sold for £228,000 in May 2005, which was about the average May 2005 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

39 LAKELAND WAY Sold Prices

Land registry data shows two sales for 39 LAKELAND WAY 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. One of the two 39 LAKELAND WAY sales was roughly equal to the average price, whilst the other was 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
2005 10 MAY	£228,000	£228,196	Close to HPI
1995 20 OCT	£69,995	£73,752	5% below HPI

39 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 two 39 LAKELAND WAY sales from October 1995 and May 2005 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 October 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 39 LAKELAND WAY be worth now?

39 LAKELAND WAY might now be worth an estimated £439,717.

This is based on house price inflation of 92.9%, between May 2005 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.9% inflationary increase is applied to the most recent sale price for 39 LAKELAND WAY of £228,000 on 10th May 2005. For the value to have increased from £228,000 to £439,717 over the twenty years and three months to February 2025, the following assumptions must hold true:

• The value of 39 LAKELAND WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2005 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 39 LAKELAND WAY has not materially changed since May 2005.

How Large is 39 LAKELAND WAY?

39 LAKELAND WAY is 101m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hethersett, and where 39 LAKELAND WAY lies on this distribution: 41% of detached houses houses are smaller than 39 LAKELAND WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

39 LAKELAND WAY: Plot and Title Map

39 LAKELAND WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 39 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 39 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 39 LAKELAND WAY?

39 LAKELAND WAY is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 39 on LAKELAND WAY.