4, COMMON LANE, THORPE MARKET, NORWICH, NR11 8TP - £227,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 COMMON LANE is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £227,000 in September 2016, which was around 27% below the average September 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

4 COMMON LANE Sold Prices

Land registry data shows two sales for 4 COMMON 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 North Norfolk local authority area for the corresponding sale date. Both of the two 4 COMMON LANE 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
2016 20 SEP	£227,000	£309,333	27% below HPI
2003 26 AUG	£162,500	£181,054	10% below HPI

4 COMMON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 4 COMMON LANE sales from August 2003 and September 2016 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 COMMON LANE?

4 COMMON LANE is 88m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Thorpe Market, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Market, and where 4 COMMON LANE lies on this distribution: 14% of detached houses are smaller than 4 COMMON LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Thorpe Market.

4 COMMON LANE: Plot and Title Map

4 COMMON LANE sits on a plot of roughly 0.238 of an acre, or 961m². The below map shows the location of 4 COMMON 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 COMMON 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 COMMON LANE?

4 COMMON LANE is located in THORPE MARKET, in the NR11 postcode district. The below map shows the position of No. 4 on COMMON LANE.