5, BAKERY LANE, LYNG, NORWICH, NR9 5RU - £187,000

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

5 BAKERY LANE is a very small detached house of 29m², built sometime between 1967 and 1975. It was last sold for £187,000 in July 2010, which was around 12% below the average July 2010 detached price in the Breckland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

5 BAKERY LANE Sold Prices

Land registry data shows two sales for 5 BAKERY 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 Breckland local authority area for the corresponding sale date. Both of the two 5 BAKERY 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
2010 30 JUL	£187,000	£213,271	12% below HPI
2007 19 FEB	£197,500	£213,806	8% below HPI

5 BAKERY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 5 BAKERY LANE sales from February 2007 and July 2010 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 February 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2010 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 BAKERY LANE?

5 BAKERY LANE is 29m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where 5 BAKERY LANE lies on this distribution: Less than 1% of detached houses are smaller than 5 BAKERY LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lyng.

5 BAKERY LANE: Plot and Title Map

5 BAKERY LANE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 5 BAKERY 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 5 BAKERY 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 5 BAKERY LANE?

5 BAKERY LANE is located in LYNG, in the NR9 postcode district. The below map shows the position of No. 5 on BAKERY LANE.