PENLAN, 2A, WHITE FARM LANE, NORWICH, NR7 0BP - £445,000

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

PENLAN is a very large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £445,000 in July 2017, which was around 35% above the average July 2017 detached price in the Broadland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

PENLAN Sold Prices

Land registry data shows two sales for PENLAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two PENLAN 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
2017 25 JUL	£445,000	£329,246	35% above HPI
2001 29 JUN	£155,000	£129,585	20% above HPI

PENLAN 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 two PENLAN sales from June 2001 and July 2017 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 June 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2017 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is PENLAN?

PENLAN is 169m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where PENLAN lies on this distribution: 89% of detached houses are smaller than PENLAN, and 11% of houses are larger. Note that EPC data is not available for all properties in Norwich.

PENLAN: Plot and Title Map

PENLAN sits on a plot of roughly 0.301 of an acre, or 1,217m². The below map shows the location of PENLAN, 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 PENLAN). 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 PENLAN?

PENLAN is located on WHITE FARM LANE in NORWICH, in the NR7 postcode district. The below map shows the position of PENLAN on WHITE FARM LANE.