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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FIRST FLOOR FLAT is a very small detached house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £347,668. It was last sold for £212,500 in June 2013, which was around 25% 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	£282,430	25% below HPI
2006 17 AUG	£158,000	£261,475	40% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might FIRST FLOOR FLAT be worth now?

FIRST FLOOR FLAT might now be worth an estimated £347,668.

This is based on house price inflation of 63.6%, between June 2013 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.6% inflationary increase is applied to the most recent sale price for FIRST FLOOR FLAT of £212,500 on 28th June 2013. For the value to have increased from £212,500 to £347,668 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of FIRST FLOOR FLAT has moved in line with the HPI for detached houses in the Norwich local authority area.
• The June 2013 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of FIRST FLOOR FLAT has not materially changed since June 2013.

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 houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where FIRST FLOOR FLAT lies on this distribution: 9% of detached houses 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.