46, SCHOOL LANE, LITTLE MELTON, NORWICH, NR9 3AD - £600,000

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

46 SCHOOL LANE is a very large extended detached house of 231m², built sometime before 1900. It was last sold for £600,000 in July 2020, which was around 71% above the average July 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

46 SCHOOL LANE Sold Prices

Land registry data shows two sales for 46 SCHOOL 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 46 SCHOOL 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
2020 2 JUL	£600,000	£350,999	71% above HPI
2007 7 AUG	£490,000	£257,246	90% above HPI

46 SCHOOL 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 46 SCHOOL LANE sales from August 2007 and July 2020 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 2007 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the July 2020 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 46 SCHOOL LANE?

46 SCHOOL LANE is 231m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 46 SCHOOL LANE lies on this distribution: 95% of detached houses are smaller than 46 SCHOOL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

46 SCHOOL LANE: Plot and Title Map

46 SCHOOL LANE sits on a plot of roughly 0.409 of an acre, or 1,655m². The below map shows the location of 46 SCHOOL 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 46 SCHOOL 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 46 SCHOOL LANE?

46 SCHOOL LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 46 on SCHOOL LANE.