47, PARK LANE, WYMONDHAM, NR18 9BE - £143,000

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

47 PARK LANE is a very small extended semi-detached house of 68m², built sometime between 1930 and 1949. It was last sold for £143,000 in October 2013, which was around 42% below the average October 2013 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

47 PARK LANE Sold Prices

Land registry data shows three sales for 47 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 47 PARK 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
2013 21 OCT	£143,000	£244,879	42% below HPI
2013 19 SEP	£145,000	£246,373	41% below HPI
2001 7 DEC	£82,000	£141,708	42% below HPI

47 PARK 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 three 47 PARK LANE sales between December 2001 and October 2013 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 September 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 47 PARK LANE?

47 PARK LANE is 68m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 47 PARK LANE lies on this distribution: 6% of detached houses are smaller than 47 PARK LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

47 PARK LANE: Plot and Title Map

47 PARK LANE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 47 PARK 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 47 PARK 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 47 PARK LANE?

47 PARK LANE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 47 on PARK LANE.