87, SCHOOL LANE, LITTLE MELTON, NORWICH, NR9 3NE - £490,000

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

87 SCHOOL LANE is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £490,000 in June 2024, which was around 22% above the average June 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

87 SCHOOL LANE Sold Prices

Land registry data shows two sales for 87 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 South Norfolk local authority area for the corresponding sale date. One of the two 87 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
2024 17 JUN	£490,000	£402,589	22% above HPI
2006 24 NOV	£174,950	£241,287	27% below HPI

87 SCHOOL 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 two 87 SCHOOL LANE sales from November 2006 and June 2024 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 November 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2024 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 87 SCHOOL LANE?

87 SCHOOL LANE is 106m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 87 SCHOOL LANE lies on this distribution: 25% of detached houses are smaller than 87 SCHOOL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

87 SCHOOL LANE: Plot and Title Map

87 SCHOOL LANE sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of 87 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 87 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 87 SCHOOL LANE?

87 SCHOOL LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 87 on SCHOOL LANE.