129, GIPSY LANE, NORWICH, NR5 8AY - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

129 GIPSY LANE is a very small terraced house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £237,758. It was last sold for £245,000 in July 2022, which was around 4% below the average July 2022 terraced price in the Norwich local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

129 GIPSY LANE Sold Prices

Land registry data shows three sales for 129 GIPSY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Norwich local authority area for the corresponding sale date. All of the three 129 GIPSY LANE 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
2022 4 JUL	£245,000	£254,060	4% below HPI
2011 17 AUG	£119,000	£141,315	16% below HPI
2005 15 AUG	£82,000	£130,354	37% below HPI

129 GIPSY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Norwich local authority area over time, sourced from the HPI. The three 129 GIPSY LANE sales between August 2005 and July 2022 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 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 129 GIPSY LANE be worth now?

129 GIPSY LANE might now be worth an estimated £237,758.

This is based on house price deflation of 3%, between July 2022 and October 2025, for terraced houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 129 GIPSY LANE of £245,000 on 4th July 2022. For the value to have decreased from £245,000 to £237,758 over the two years and nine months to October 2025, the following assumptions must hold true:

• The value of 129 GIPSY LANE has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The July 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 129 GIPSY LANE has not materially changed since July 2022.

How Large is 129 GIPSY LANE?

129 GIPSY LANE is 71m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of terraced houses houses in Norwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Norwich, and where 129 GIPSY LANE lies on this distribution: 10% of terraced houses houses are smaller than 129 GIPSY LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

129 GIPSY LANE: Plot and Title Map

129 GIPSY LANE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 129 GIPSY 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 129 GIPSY 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 129 GIPSY LANE?

129 GIPSY LANE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 129 on GIPSY LANE.