48, THE LANE, BRISTON, MELTON CONSTABLE, NR24 2AD - £328,000

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 THE LANE is a large extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £328,000 in August 2021, which was around 12% below the average August 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

48 THE LANE Sold Prices

Land registry data shows two sales for 48 THE 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 North Norfolk local authority area for the corresponding sale date. Both of the two 48 THE 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
2021 5 AUG	£328,000	£372,074	12% below HPI
2014 22 OCT	£250,000	£270,209	7% below HPI

48 THE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 48 THE LANE sales from October 2014 and August 2021 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 48 THE LANE?

48 THE LANE is 126m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Briston, based on EPC data. The below chart shows the distribution of detached houses by size in Briston, and where 48 THE LANE lies on this distribution: 67% of detached houses are smaller than 48 THE LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Briston.

48 THE LANE: Plot and Title Map

48 THE LANE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 48 THE 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 THE 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 THE LANE?

48 THE LANE is located in BRISTON, in the NR24 postcode district. The below map shows the position of No. 48 on THE LANE.