5, SCHOOL ROAD, LINGWOOD, NORWICH, NR13 4TH - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 SCHOOL ROAD is a midsized extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £245,000 in January 2021, which was around 32% below the average January 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

5 SCHOOL ROAD Sold Prices

Land registry data shows three sales for 5 SCHOOL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 5 SCHOOL ROAD 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 25 JAN	£245,000	£359,037	32% below HPI
2006 9 NOV	£163,000	£243,912	33% below HPI
2002 23 AUG	£107,950	£167,121	35% below HPI

5 SCHOOL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 5 SCHOOL ROAD sales between August 2002 and January 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 November 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 SCHOOL ROAD?

5 SCHOOL ROAD is 93m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 5 SCHOOL ROAD lies on this distribution: 43% of detached houses are smaller than 5 SCHOOL ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

5 SCHOOL ROAD: Plot and Title Map

5 SCHOOL ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 5 SCHOOL ROAD, 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 SCHOOL ROAD). 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 SCHOOL ROAD?

5 SCHOOL ROAD is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 5 on SCHOOL ROAD.