BALNACOYLE, SOANES COURT, LYNG, NORWICH, NR9 5RE - £340,000

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

BALNACOYLE is a large detached house of 129m², built sometime between 2003 and 2006. It was last sold for £340,000 in January 2021, which was around 7% above the average January 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

BALNACOYLE Sold Prices

Land registry data shows two sales for BALNACOYLE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two BALNACOYLE 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
2021 27 JAN	£340,000	£318,901	7% above HPI
2003 28 AUG	£185,000	£168,849	10% above HPI

BALNACOYLE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two BALNACOYLE sales from August 2003 and January 2021 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 August 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is BALNACOYLE?

BALNACOYLE is 129m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where BALNACOYLE lies on this distribution: 71% of detached houses are smaller than BALNACOYLE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lyng.

BALNACOYLE: Plot and Title Map

BALNACOYLE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of BALNACOYLE, 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 BALNACOYLE). 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 BALNACOYLE?

BALNACOYLE is located on SOANES COURT in LYNG, in the NR9 postcode district. The below map shows the position of BALNACOYLE on SOANES COURT.