MINOOCHI, THE COMMON, LYNG, NORWICH, NR9 5RP - £260,000

MINOOCHI is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £260,000 in November 2020, which was around 17% below the average November 2020 detached price in the Breckland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

MINOOCHI Sold Prices

Land registry data shows two sales for MINOOCHI 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 MINOOCHI 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
2020 2 NOV	£260,000	£314,994	17% below HPI
1998 6 MAR	£59,500	£74,597	20% below HPI

MINOOCHI 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 MINOOCHI sales from March 1998 and November 2020 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 March 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is MINOOCHI?

MINOOCHI is 85m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where MINOOCHI lies on this distribution: 34% of detached houses are smaller than MINOOCHI, and 64% of houses are larger. Note that EPC data is not available for all properties in Lyng.

MINOOCHI: Plot and Title Map

MINOOCHI sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of MINOOCHI, 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 MINOOCHI). 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 MINOOCHI?

MINOOCHI is located on THE COMMON in LYNG, in the NR9 postcode district. The below map shows the position of MINOOCHI on THE COMMON.