72, SCHOOL LANE, SPROWSTON, NORWICH, NR7 8TQ - £375,000

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

72 SCHOOL LANE is a very large detached house of 244m². It was last sold for £375,000 in July 2012, which was around 56% above the average July 2012 detached price in the Broadland local authority area. The most recent EPC inspection was December 2011, where the current energy rating was B, and the potential energy rating was B.

72 SCHOOL LANE Sold Prices

Land registry data shows two sales for 72 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 Broadland local authority area for the corresponding sale date. One of the two 72 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
2012 18 JUL	£375,000	£240,207	56% above HPI
2011 29 JUL	£117,000	£236,397	51% below HPI

72 SCHOOL LANE 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 72 SCHOOL LANE sales from July 2011 and July 2012 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 2011 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2012 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 72 SCHOOL LANE?

72 SCHOOL LANE is 244m² according to the EPC inspection conducted in December 2011. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 72 SCHOOL LANE lies on this distribution: 98% of detached houses are smaller than 72 SCHOOL LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Norwich.

72 SCHOOL LANE: Plot and Title Map

72 SCHOOL LANE sits on a plot of roughly 0.290 of an acre, or 1,174m². The below map shows the location of 72 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 72 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 72 SCHOOL LANE?

72 SCHOOL LANE is located in SPROWSTON, in the NR7 postcode district. The below map shows the position of No. 72 on SCHOOL LANE.