LANIVET, NEW ROAD, TACOLNESTON, NORWICH, NR16 1DE - £588,000

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

LANIVET is a very large detached house of 217m², built sometime between 1967 and 1975. It was last sold for £588,000 in October 2022, which was around 38% above the average October 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

LANIVET Sold Prices

Land registry data shows two sales for LANIVET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two LANIVET 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
2022 21 OCT	£588,000	£424,568	38% above HPI
2011 24 NOV	£274,500	£235,241	17% above HPI

LANIVET Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two LANIVET sales from November 2011 and October 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 November 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is LANIVET?

LANIVET is 217m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Tacolneston, based on EPC data. The below chart shows the distribution of detached houses by size in Tacolneston, and where LANIVET lies on this distribution: 94% of detached houses are smaller than LANIVET, and 6% of houses are larger. Note that EPC data is not available for all properties in Tacolneston.

LANIVET: Plot and Title Map

LANIVET sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of LANIVET, 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 LANIVET). 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 LANIVET?

LANIVET is located on NEW ROAD in TACOLNESTON, in the NR16 postcode district. The below map shows the position of LANIVET on NEW ROAD.