43, GREEN LANE EAST, RACKHEATH, NORWICH, NR13 6QL - £415,000

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

43 GREEN LANE EAST is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £415,000 in February 2022, which was around 3% above the average February 2022 detached price in the Broadland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

43 GREEN LANE EAST Sold Prices

Land registry data shows three sales for 43 GREEN LANE EAST since 1^st 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. Two of the three 43 GREEN LANE EAST sales were for above the average price, whilst one was 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
2022 10 FEB	£415,000	£404,025	3% above HPI
2014 31 OCT	£246,000	£269,459	9% below HPI
1996 3 JUN	£75,000	£71,630	5% above HPI

43 GREEN LANE EAST 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 three 43 GREEN LANE EAST sales between June 1996 and February 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 October 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 43 GREEN LANE EAST?

43 GREEN LANE EAST is 111m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 43 GREEN LANE EAST lies on this distribution: 50% of detached houses are smaller than 43 GREEN LANE EAST, and 49% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

43 GREEN LANE EAST: Plot and Title Map

43 GREEN LANE EAST sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of 43 GREEN LANE EAST, 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 43 GREEN LANE EAST). 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 43 GREEN LANE EAST?

43 GREEN LANE EAST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 43 on GREEN LANE EAST.