5, MEADOW LANE, SOUTHREPPS, NORWICH, NR11 8NX - £375,000

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 MEADOW LANE is a large extended detached house of 133m², built sometime before 1900. It was last sold for £375,000 in December 2023, which was around 13% below the average December 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

5 MEADOW LANE Sold Prices

Land registry data shows three sales for 5 MEADOW 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 North Norfolk local authority area for the corresponding sale date. All of the three 5 MEADOW 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
2023 12 DEC	£375,000	£428,786	13% below HPI
2018 28 SEP	£305,000	£359,630	15% below HPI
2004 30 JAN	£190,000	£194,693	2% below HPI

5 MEADOW 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 three 5 MEADOW LANE sales between January 2004 and December 2023 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 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 MEADOW LANE?

5 MEADOW LANE is 133m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses in Southrepps, based on EPC data. The below chart shows the distribution of detached houses by size in Southrepps, and where 5 MEADOW LANE lies on this distribution: 72% of detached houses are smaller than 5 MEADOW LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Southrepps.

5 MEADOW LANE: Plot and Title Map

5 MEADOW LANE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 5 MEADOW 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 MEADOW 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 MEADOW LANE?

5 MEADOW LANE is located in SOUTHREPPS, in the NR11 postcode district. The below map shows the position of No. 5 on MEADOW LANE.