57, SCHOOL LANE, LITTLE MELTON, NORWICH, NR9 3AE - £280,000

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

57 SCHOOL LANE is a small detached house of 105m², built sometime between 1967 and 1975. It was last sold for £280,000 in August 2014, which was around 4% above the average August 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

57 SCHOOL LANE Sold Prices

Land registry data shows two sales for 57 SCHOOL 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 South Norfolk local authority area for the corresponding sale date. One of the two 57 SCHOOL LANE sales was for above the average price, whilst the other was 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
2014 15 AUG	£280,000	£269,922	4% above HPI
2000 18 AUG	£85,000	£115,399	26% below HPI

57 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 57 SCHOOL LANE sales from August 2000 and August 2014 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 August 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 57 SCHOOL LANE?

57 SCHOOL LANE is 105m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 57 SCHOOL LANE lies on this distribution: 21% of detached houses are smaller than 57 SCHOOL LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

57 SCHOOL LANE: Plot and Title Map

57 SCHOOL LANE sits on a plot of roughly 0.242 of an acre, or 981m². The below map shows the location of 57 SCHOOL 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 57 SCHOOL 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 57 SCHOOL LANE?

57 SCHOOL LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 57 on SCHOOL LANE.