7, BAKERY LANE, LYNG, NORWICH, NR9 5RU - £182,500

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

7 BAKERY LANE is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £182,500 in March 2013, which was around 11% below the average March 2013 detached price in the Breckland local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

7 BAKERY LANE Sold Prices

Land registry data shows three sales for 7 BAKERY 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 Breckland local authority area for the corresponding sale date. All of the three 7 BAKERY LANE 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
2013 28 MAR	£182,500	£204,385	11% below HPI
2003 12 SEP	£166,500	£168,668	1% below HPI
2002 18 JAN	£96,000	£121,782	21% below HPI

7 BAKERY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 7 BAKERY LANE sales between January 2002 and March 2013 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 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 BAKERY LANE?

7 BAKERY LANE is 125m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 40% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where 7 BAKERY LANE lies on this distribution: 68% of detached houses are smaller than 7 BAKERY LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lyng.

7 BAKERY LANE: Plot and Title Map

7 BAKERY LANE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 7 BAKERY 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 7 BAKERY 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 7 BAKERY LANE?

7 BAKERY LANE is located in LYNG, in the NR9 postcode district. The below map shows the position of No. 7 on BAKERY LANE.