GEMINI, SIR WILLIAMS LANE, AYLSHAM, NORWICH, NR11 6AW - £154,500

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

GEMINI is a very small detached house of 57m², built sometime between 1930 and 1949. It was last sold for £154,500 in July 2023, which was around 62% below the average July 2023 detached price in the Broadland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

GEMINI Sold Prices

Land registry data shows four sales for GEMINI since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four GEMINI 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
2023 28 JUL	£154,500	£410,136	62% below HPI
2016 29 JUL	£180,000	£310,405	42% below HPI
2001 6 APR	£73,000	£123,348	41% below HPI
1999 12 NOV	£43,000	£96,444	55% below HPI

GEMINI Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four GEMINI sales between November 1999 and July 2023 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 July 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2023 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is GEMINI?

GEMINI is 57m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Aylsham, based on EPC data. The below chart shows the distribution of detached houses by size in Aylsham, and where GEMINI lies on this distribution: 3% of detached houses are smaller than GEMINI, and 97% of houses are larger. Note that EPC data is not available for all properties in Aylsham.

GEMINI: Plot and Title Map

GEMINI sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of GEMINI, 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 GEMINI). 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 GEMINI?

GEMINI is located on SIR WILLIAMS LANE in AYLSHAM, in the NR11 postcode district. The below map shows the position of GEMINI on SIR WILLIAMS LANE.