4, CARGATE LANE, SAXLINGHAM NETHERGATE, NORWICH, NR15 1TS - £433,000

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

4 CARGATE LANE is a very large extended detached house of 234m², built sometime between 1967 and 1975. It was last sold for £433,000 in October 2015, which was around 51% above the average October 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was D.

4 CARGATE LANE Sold Prices

Land registry data shows two sales for 4 CARGATE 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 4 CARGATE LANE sales were 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
2015 8 OCT	£433,000	£286,672	51% above HPI
1996 5 JUL	£145,000	£75,705	92% above HPI

4 CARGATE 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 4 CARGATE LANE sales from July 1996 and October 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 July 1996 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the October 2015 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 4 CARGATE LANE?

4 CARGATE LANE is 234m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses in Saxlingham Nethergate, based on EPC data. The below chart shows the distribution of detached houses by size in Saxlingham Nethergate, and where 4 CARGATE LANE lies on this distribution: 91% of detached houses are smaller than 4 CARGATE LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Saxlingham Nethergate.

4 CARGATE LANE: Plot and Title Map

4 CARGATE LANE sits on a plot of roughly 0.393 of an acre, or 1,591m². The below map shows the location of 4 CARGATE 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 CARGATE 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 4 CARGATE LANE?

4 CARGATE LANE is located in SAXLINGHAM NETHERGATE, in the NR15 postcode district. The below map shows the position of No. 4 on CARGATE LANE.