9, CARGATE LANE, UPTON, NORWICH, NR13 6AU - £385,000

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

9 CARGATE LANE is a midsized extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £385,000 in February 2022, which was around 5% below the average February 2022 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

9 CARGATE LANE Sold Prices

Land registry data shows four sales for 9 CARGATE 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 9 CARGATE LANE 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
2022 14 FEB	£385,000	£404,025	5% below HPI
2016 26 FEB	£218,000	£302,743	28% below HPI
2011 14 NOV	£180,000	£233,255	23% below HPI
2003 12 DEC	£167,000	£193,979	14% below HPI

9 CARGATE 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 9 CARGATE LANE sales between December 2003 and February 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 9 CARGATE LANE?

9 CARGATE LANE is 109m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where 9 CARGATE LANE lies on this distribution: 42% of detached houses are smaller than 9 CARGATE LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Upton.

9 CARGATE LANE: Plot and Title Map

9 CARGATE LANE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 9 CARGATE 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 9 CARGATE 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 9 CARGATE LANE?

9 CARGATE LANE is located in UPTON, in the NR13 postcode district. The below map shows the position of No. 9 on CARGATE LANE.