9, GREEN LANE EAST, RACKHEATH, NORWICH, NR13 6QJ - £420,000

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 GREEN LANE EAST is a midsized detached house of 107m², built sometime between 2003 and 2006. It was last sold for £420,000 in August 2022, which was around 1% below the average August 2022 detached price in the Broadland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

9 GREEN LANE EAST Sold Prices

Land registry data shows three sales for 9 GREEN LANE EAST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Two of the three 9 GREEN LANE EAST sales were for below the average price, whilst one was 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 16 AUG	£420,000	£423,514	1% below HPI
2006 11 APR	£237,000	£223,437	6% above HPI
2004 25 MAR	£138,000	£195,089	29% below HPI

9 GREEN LANE EAST 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 three 9 GREEN LANE EAST sales between March 2004 and August 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 April 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 9 GREEN LANE EAST?

9 GREEN LANE EAST is 107m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 9 GREEN LANE EAST lies on this distribution: 45% of detached houses are smaller than 9 GREEN LANE EAST, and 54% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

9 GREEN LANE EAST: Plot and Title Map

9 GREEN LANE EAST sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of 9 GREEN LANE EAST, 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 GREEN LANE EAST). 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 GREEN LANE EAST?

9 GREEN LANE EAST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 9 on GREEN LANE EAST.