7, LANCASTER GARDENS, AYLSHAM, NORWICH, NR11 6LB - £118,000

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

7 LANCASTER GARDENS is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £118,000 in January 2003, which was around 35% below the average January 2003 detached price in the Broadland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

7 LANCASTER GARDENS Sold Prices

Land registry data shows two sales for 7 LANCASTER GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 7 LANCASTER GARDENS 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
2003 31 JAN	£118,000	£181,322	35% below HPI
1997 30 MAY	£55,000	£73,522	25% below HPI

7 LANCASTER GARDENS 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 two 7 LANCASTER GARDENS sales from May 1997 and January 2003 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 May 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2003 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 LANCASTER GARDENS?

7 LANCASTER GARDENS is 66m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Aylsham, based on EPC data. The below chart shows the distribution of detached houses by size in Aylsham, and where 7 LANCASTER GARDENS lies on this distribution: 8% of detached houses are smaller than 7 LANCASTER GARDENS, and 92% of houses are larger. Note that EPC data is not available for all properties in Aylsham.

7 LANCASTER GARDENS: Plot and Title Map

7 LANCASTER GARDENS sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 7 LANCASTER GARDENS, 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 LANCASTER GARDENS). 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 LANCASTER GARDENS?

7 LANCASTER GARDENS is located in AYLSHAM, in the NR11 postcode district. The below map shows the position of No. 7 on LANCASTER GARDENS.