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
4 BOUNDARY LANE is a large extended detached house of 142m², built sometime between 1900 and 1929. It was last sold for £530,000 in June 2022, which was around 30% above the average June 2022 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 BOUNDARY LANE since 1st 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. The three 4 BOUNDARY LANE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2022 15 JUN | £530,000 | £408,821 | 30% above HPI |
2015 20 NOV | £320,000 | £294,945 | 8% above HPI |
2007 29 JUN | £250,000 | £249,438 | Close to HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 4 BOUNDARY LANE sales between June 2007 and June 2022 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
4 BOUNDARY LANE is 142m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 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 4 BOUNDARY LANE lies on this distribution: 77% of detached houses are smaller than 4 BOUNDARY LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Norwich.
4 BOUNDARY LANE sits on a plot of roughly 0.640 of an acre, or 2,591m². The below map shows the location of 4 BOUNDARY 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 4 BOUNDARY 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.
4 BOUNDARY LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 4 on BOUNDARY LANE.