93, GIPSY LANE, NORWICH, NR5 8AX - £490,000

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

93 GIPSY LANE is a very large extended detached house of 167m², built sometime between 2003 and 2006. It was last sold for £490,000 in September 2017, which was around 32% above the average September 2017 detached price in the Norwich local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

93 GIPSY LANE Sold Prices

Land registry data shows four sales for 93 GIPSY 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 Norwich local authority area for the corresponding sale date. Most of the four 93 GIPSY 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
2017 1 SEP	£490,000	£370,564	32% above HPI
2015 4 JUN	£370,000	£323,981	14% above HPI
2007 12 JUL	£335,000	£285,755	17% above HPI
2002 11 OCT	£85,000	£193,402	56% below HPI

93 GIPSY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 93 GIPSY LANE sales between October 2002 and September 2017 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 June 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 93 GIPSY LANE?

93 GIPSY LANE is 167m², which includes two extensions, according to the EPC inspection conducted in February 2015. 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 93 GIPSY LANE lies on this distribution: 88% of detached houses are smaller than 93 GIPSY LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Norwich.

93 GIPSY LANE: Plot and Title Map

93 GIPSY LANE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 93 GIPSY 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 93 GIPSY 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 93 GIPSY LANE?

93 GIPSY LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 93 on GIPSY LANE.