48, LONGWATER LANE, NORWICH, NR5 0TF - £365,000

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

48 LONGWATER LANE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £365,000 in July 2022, which was around 10% below the average July 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

48 LONGWATER LANE Sold Prices

Land registry data shows three sales for 48 LONGWATER 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. Two of the three 48 LONGWATER LANE sales were for below the average price, whilst one was 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
2022 6 JUL	£365,000	£403,763	10% below HPI
2005 31 AUG	£248,950	£230,129	8% above HPI
2004 5 NOV	£210,000	£223,697	6% below HPI

48 LONGWATER 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 48 LONGWATER LANE sales between November 2004 and July 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 August 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 48 LONGWATER LANE?

48 LONGWATER LANE is 95m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 48 LONGWATER LANE lies on this distribution: 35% of detached houses are smaller than 48 LONGWATER LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 LONGWATER LANE: Plot and Title Map

48 LONGWATER LANE sits on a plot of roughly 0.535 of an acre, or 2,164m². The below map shows the location of 48 LONGWATER 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 48 LONGWATER 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 48 LONGWATER LANE?

48 LONGWATER LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 48 on LONGWATER LANE.