CLOVELLY, THE COMMON, LYNG, NORWICH, NR9 5RP - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CLOVELLY is a small detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £319,239. It was last sold for £315,000 in March 2022, which was around 13% below the average March 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

CLOVELLY Sold Prices

Land registry data shows four sales for CLOVELLY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four CLOVELLY 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 25 MAR	£315,000	£363,017	13% below HPI
2018 30 APR	£250,000	£301,340	17% below HPI
2004 14 MAY	£149,950	£187,324	20% below HPI
1999 8 OCT	£60,000	£92,950	35% below HPI

CLOVELLY 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 four CLOVELLY sales between October 1999 and March 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might CLOVELLY be worth now?

CLOVELLY might now be worth an estimated £319,239.

This is based on house price inflation of 1.3%, between March 2022 and December 2024, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for CLOVELLY of £315,000 on 25th March 2022. For the value to have increased from £315,000 to £319,239 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of CLOVELLY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of CLOVELLY has not materially changed since March 2022.

How Large is CLOVELLY?

CLOVELLY is 82m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lyng, and where CLOVELLY lies on this distribution: 29% of detached houses houses are smaller than CLOVELLY, and 71% of houses are larger. Note that EPC data is not available for all properties in Lyng.

CLOVELLY: Plot and Title Map

CLOVELLY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of CLOVELLY, 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 CLOVELLY). 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 CLOVELLY?

CLOVELLY is located on THE COMMON in LYNG, in the NR9 postcode district. The below map shows the position of CLOVELLY on THE COMMON.