8, BURGATE LANE, PORINGLAND, NORWICH, NR14 7SQ - £485,000

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

8 BURGATE LANE is a very large detached house of 170m², built sometime between 1991 and 1995. It was last sold for £485,000 in April 2021, which was around 33% above the average April 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was B, and the potential energy rating was B.

8 BURGATE LANE Sold Prices

Land registry data shows four sales for 8 BURGATE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 8 BURGATE 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 9 APR	£485,000	£365,171	33% above HPI
2017 21 APR	£445,000	£315,622	41% above HPI
2008 14 NOV	£249,950	£224,551	11% above HPI
2000 27 OCT	£189,950	£121,587	56% above HPI

8 BURGATE 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 four 8 BURGATE LANE sales between October 2000 and April 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 April 2017 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 8 BURGATE LANE?

8 BURGATE LANE is 170m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 8 BURGATE LANE lies on this distribution: 84% of detached houses are smaller than 8 BURGATE LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Poringland.

8 BURGATE LANE: Plot and Title Map

8 BURGATE LANE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 8 BURGATE 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 8 BURGATE 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 8 BURGATE LANE?

8 BURGATE LANE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 8 on BURGATE LANE.