63, ELM GROVE LANE, NORWICH, NR3 3LF - £445,000

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

63 ELM GROVE LANE is a large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £445,000 in March 2022, which was around 1% above the average March 2022 detached price in the Norwich local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

63 ELM GROVE LANE Sold Prices

Land registry data shows two sales for 63 ELM GROVE 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 Norwich local authority area for the corresponding sale date. One of the two 63 ELM GROVE 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
2022 30 MAR	£445,000	£438,472	1% above HPI
2019 19 AUG	£360,000	£377,380	5% below HPI

63 ELM GROVE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 63 ELM GROVE LANE sales from August 2019 and March 2022 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 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 63 ELM GROVE LANE?

63 ELM GROVE LANE is 131m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 63 ELM GROVE LANE lies on this distribution: 70% of detached houses are smaller than 63 ELM GROVE LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Norwich.

63 ELM GROVE LANE: Plot and Title Map

63 ELM GROVE LANE sits on a plot of roughly 0.425 of an acre, or 1,719m². The below map shows the location of 63 ELM GROVE 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 63 ELM GROVE 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 63 ELM GROVE LANE?

63 ELM GROVE LANE is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 63 on ELM GROVE LANE.