88, THUNDER LANE, NORWICH, NR7 0JQ - £575,000

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

88 THUNDER LANE is a very large detached house of 150m², built sometime before 1900. It was last sold for £575,000 in July 2022, which was around 37% above the average July 2022 detached price in the Broadland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

88 THUNDER LANE Sold Prices

Land registry data shows two sales for 88 THUNDER 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. Both of the two 88 THUNDER 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
2022 28 JUL	£575,000	£418,666	37% above HPI
2022 7 FEB	£525,500	£404,025	30% above HPI

88 THUNDER 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 88 THUNDER LANE sales from February 2022 and July 2022 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 February 2022 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 88 THUNDER LANE?

88 THUNDER LANE is 150m² according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 88 THUNDER LANE lies on this distribution: 81% of detached houses are smaller than 88 THUNDER LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Norwich.

88 THUNDER LANE: Plot and Title Map

88 THUNDER LANE sits on a plot of roughly 0.281 of an acre, or 1,136m². The below map shows the location of 88 THUNDER 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 88 THUNDER 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 88 THUNDER LANE?

88 THUNDER LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 88 on THUNDER LANE.