LILAC COTTAGE, THE STREET, LYNG, NORWICH, NR9 5AL - £313,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

LILAC COTTAGE is a very small extended semi-detached house of 72m², built sometime before 1900. It was last sold for £313,500 in May 2023, which was around 14% below the average May 2023 detached price in the Breckland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

LILAC COTTAGE Sold Prices

Land registry data shows two sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two LILAC COTTAGE 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 16 MAY	£313,500	£365,463	14% below HPI
2019 2 AUG	£232,000	£300,062	23% below HPI

LILAC COTTAGE 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 two LILAC COTTAGE sales from August 2019 and May 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 August 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 72m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where LILAC COTTAGE lies on this distribution: 17% of detached houses are smaller than LILAC COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lyng.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of LILAC COTTAGE, 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 LILAC COTTAGE). 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 LILAC COTTAGE?

LILAC COTTAGE is located on THE STREET in LYNG, in the NR9 postcode district. The below map shows the position of LILAC COTTAGE on THE STREET.