42, THUNDER LANE, NORWICH, NR7 0PX - £290,000

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

42 THUNDER LANE is a very small extended detached house of 69m², built sometime between 1900 and 1929. It was last sold for £290,000 in October 2017, which was around 14% below the average October 2017 detached price in the Broadland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

42 THUNDER LANE Sold Prices

Land registry data shows four sales for 42 THUNDER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 42 THUNDER 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
2017 17 OCT	£290,000	£337,422	14% below HPI
2013 27 NOV	£232,000	£248,897	7% below HPI
2011 15 DEC	£218,000	£233,997	7% below HPI
1998 9 JUL	£54,000	£83,844	36% below HPI

42 THUNDER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 42 THUNDER LANE sales between July 1998 and October 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 November 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 42 THUNDER LANE?

42 THUNDER LANE is 69m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 42 THUNDER LANE lies on this distribution: 8% of detached houses are smaller than 42 THUNDER LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Norwich.

42 THUNDER LANE: Plot and Title Map

42 THUNDER LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 42 THUNDER 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 42 THUNDER 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 42 THUNDER LANE?

42 THUNDER LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 42 on THUNDER LANE.