50, GREEN LANE WEST, RACKHEATH, NORWICH, NR13 6PG - £467,500

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

50 GREEN LANE WEST is a very large extended detached house of 215m², built sometime between 1996 and 2002. It was last sold for £467,500 in May 2019, which was around 38% above the average May 2019 detached price in the Broadland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

50 GREEN LANE WEST Sold Prices

Land registry data shows three sales for 50 GREEN LANE WEST 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 50 GREEN LANE WEST sales were 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
2019 10 MAY	£467,500	£338,572	38% above HPI
2014 12 SEP	£374,000	£271,228	38% above HPI
1999 19 FEB	£109,950	£86,029	28% above HPI

50 GREEN LANE WEST 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 50 GREEN LANE WEST sales between February 1999 and May 2019 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 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2019 sale, which was also at 38% above the HPI.

How Large is 50 GREEN LANE WEST?

50 GREEN LANE WEST is 215m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 50 GREEN LANE WEST lies on this distribution: 97% of detached houses are smaller than 50 GREEN LANE WEST, and 3% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

50 GREEN LANE WEST: Plot and Title Map

50 GREEN LANE WEST sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 50 GREEN LANE WEST, 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 50 GREEN LANE WEST). 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 50 GREEN LANE WEST?

50 GREEN LANE WEST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 50 on GREEN LANE WEST.