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
3A GEORGE LANE is a very small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £325,000 in July 2020, which was around 7% below the average July 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 3A GEORGE LANE since 1st 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. Two of the three 3A GEORGE LANE sales were for below the average price, whilst one 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 |
---|---|---|---|
2020 14 JUL | £325,000 | £350,999 | 7% below HPI |
2012 6 NOV | £220,000 | £239,623 | 8% below HPI |
2003 22 JUL | £195,000 | £189,420 | 3% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 3A GEORGE LANE sales between July 2003 and July 2020 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 November 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
3A GEORGE LANE is 87m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 3A GEORGE LANE lies on this distribution: 16% of detached houses are smaller than 3A GEORGE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Loddon.
3A GEORGE LANE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 3A GEORGE 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 3A GEORGE 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.
3A GEORGE LANE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 3A on GEORGE LANE.