OAK HOUSE, SOANES COURT, LYNG, NORWICH, NR9 5RE - £240,000

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

OAK HOUSE is a large extended detached house of 134m², built sometime between 2003 and 2006. It was last sold for £240,000 in August 2013, which was around 12% above the average August 2013 detached price in the Breckland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

OAK HOUSE Sold Prices

Land registry data shows three sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three OAK HOUSE 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
2013 21 AUG	£240,000	£215,006	12% above HPI
2005 28 APR	£234,000	£199,188	17% above HPI
2003 17 OCT	£190,000	£170,342	12% above HPI

OAK HOUSE 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 three OAK HOUSE sales between October 2003 and August 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 April 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 134m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where OAK HOUSE lies on this distribution: 78% of detached houses are smaller than OAK HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Lyng.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located on SOANES COURT in LYNG, in the NR9 postcode district. The below map shows the position of OAK HOUSE on SOANES COURT.