86, OAK LANE, NORWICH, NR6 7DD - £710,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

86 OAK LANE is a very large extended detached house of 228m², built sometime between 1967 and 1975, which could now be worth an estimated £824,001. It was last sold for £710,000 in June 2021, which was around 95% above the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

86 OAK LANE Sold Prices

Land registry data shows four sales for 86 OAK 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 Broadland local authority area for the corresponding sale date. All of the four 86 OAK 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 24 JUN	£710,000	£364,948	95% above HPI
2016 23 AUG	£480,000	£317,231	51% above HPI
2003 3 FEB	£250,000	£184,450	36% above HPI
1996 15 JUL	£92,500	£72,664	27% above HPI

86 OAK 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 four 86 OAK LANE sales between July 1996 and June 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 August 2016 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2021 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 86 OAK LANE be worth now?

86 OAK LANE might now be worth an estimated £824,001.

This is based on house price inflation of 16.1%, between June 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 86 OAK LANE of £710,000 on 24th June 2021. For the value to have increased from £710,000 to £824,001 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 86 OAK LANE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2021 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 86 OAK LANE has not materially changed since June 2021.

How Large is 86 OAK LANE?

86 OAK LANE is 228m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 86 OAK LANE lies on this distribution: 97% of detached houses houses are smaller than 86 OAK LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Norwich.

86 OAK LANE: Plot and Title Map

86 OAK LANE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 86 OAK 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 86 OAK 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 86 OAK LANE?

86 OAK LANE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 86 on OAK LANE.