58, PARK LANE, WYMONDHAM, NR18 9BG - £475,000

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

58 PARK LANE is a large detached house of 133m², built sometime between 2003 and 2006. It was last sold for £475,000 in May 2021, which was around 29% above the average May 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

58 PARK LANE Sold Prices

Land registry data shows three sales for 58 PARK 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 South Norfolk local authority area for the corresponding sale date. All of the three 58 PARK LANE 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
2021 19 MAY	£475,000	£368,428	29% above HPI
2008 23 JUL	£356,000	£244,924	45% above HPI
2005 28 NOV	£332,000	£225,709	47% above HPI

58 PARK 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 three 58 PARK LANE sales between November 2005 and May 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 July 2008 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 58 PARK LANE?

58 PARK LANE is 133m² according to the EPC inspection conducted in January 2021. This puts it in the largest 30% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 58 PARK LANE lies on this distribution: 75% of detached houses are smaller than 58 PARK LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

58 PARK LANE: Plot and Title Map

58 PARK LANE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of 58 PARK 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 58 PARK 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 58 PARK LANE?

58 PARK LANE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 58 on PARK LANE.