12, OAK LANE, HINGHAM, NORWICH, NR9 4JY - £300,000

12 OAK LANE is a small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £300,000 in January 2021, which was around 18% below the average January 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

12 OAK LANE Sold Prices

Land registry data shows two sales for 12 OAK LANE 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. One of the two 12 OAK LANE sales was for below the average price, whilst the other was roughly equal to 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
2021 14 JAN	£300,000	£364,601	18% below HPI
2001 12 APR	£125,000	£125,381	Close to HPI

12 OAK LANE 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 12 OAK LANE sales from April 2001 and January 2021 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 OAK LANE?

12 OAK LANE is 82m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Hingham, based on EPC data. The below chart shows the distribution of detached houses by size in Hingham, and where 12 OAK LANE lies on this distribution: 26% of detached houses are smaller than 12 OAK LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hingham.

12 OAK LANE: Plot and Title Map

12 OAK LANE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 12 OAK LANE, 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 12 OAK LANE). 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 12 OAK LANE?

12 OAK LANE is located in HINGHAM, in the NR9 postcode district. The below map shows the position of No. 12 on OAK LANE.