Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 MEADOW LANE is a large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £390,000 in July 2017, which was around 18% above the average July 2017 detached price in the Broadland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 MEADOW 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. One of the three 4 MEADOW LANE sales was for above the average price, whilst two 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 |
---|---|---|---|
2017 18 JUL | £390,000 | £329,246 | 18% above HPI |
2006 31 AUG | £220,000 | £235,524 | 7% below HPI |
2005 18 OCT | £170,000 | £219,478 | 23% below 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 MEADOW LANE sales between October 2005 and July 2017 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 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
4 MEADOW LANE is 134m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 MEADOW LANE lies on this distribution: 72% of detached houses are smaller than 4 MEADOW LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Norwich.
4 MEADOW LANE sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 4 MEADOW 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 MEADOW 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 MEADOW LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 4 on MEADOW LANE.