8, LONSDALE ROAD, RACKHEATH, NORWICH, NR13 6QW - £268,980

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

8 LONSDALE ROAD is a very small extended detached house of 66m², built sometime between 1950 and 1966. It was last sold for £268,980 in May 2023, which was around 34% below the average May 2023 detached price in the Broadland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

8 LONSDALE ROAD Sold Prices

Land registry data shows two sales for 8 LONSDALE ROAD 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 8 LONSDALE ROAD 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
2023 10 MAY	£268,980	£409,694	34% below HPI
2017 21 AUG	£250,000	£334,267	25% below HPI

8 LONSDALE ROAD 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 8 LONSDALE ROAD sales from August 2017 and May 2023 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 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 LONSDALE ROAD?

8 LONSDALE ROAD is 66m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 8 LONSDALE ROAD lies on this distribution: 4% of detached houses are smaller than 8 LONSDALE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

8 LONSDALE ROAD: Plot and Title Map

8 LONSDALE ROAD sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 8 LONSDALE ROAD, 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 LONSDALE ROAD). 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 LONSDALE ROAD?

8 LONSDALE ROAD is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 8 on LONSDALE ROAD.