FIRST FLOOR FLAT, 50, SANDY LANE, NORWICH, NR1 2AB - £212,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FIRST FLOOR FLAT is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £212,500 in June 2013, which was around 22% below the average June 2013 detached price in the Norwich local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was D.

FIRST FLOOR FLAT Sold Prices

Land registry data shows two sales for FIRST FLOOR FLAT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two FIRST FLOOR FLAT 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
2013 28 JUN	£212,500	£273,926	22% below HPI
2006 17 AUG	£158,000	£253,602	38% below HPI

FIRST FLOOR FLAT 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 two FIRST FLOOR FLAT sales from August 2006 and June 2013 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 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2013 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is FIRST FLOOR FLAT?

FIRST FLOOR FLAT is 70m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where FIRST FLOOR FLAT lies on this distribution: 9% of detached houses are smaller than FIRST FLOOR FLAT, and 90% of houses are larger. Note that EPC data is not available for all properties in Norwich.

FIRST FLOOR FLAT: Plot and Title Map

FIRST FLOOR FLAT sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of FIRST FLOOR FLAT, 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 FIRST FLOOR FLAT). 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 FIRST FLOOR FLAT?

FIRST FLOOR FLAT, 50 SANDY LANE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 50 on SANDY LANE.