16, ELM GROVE LANE, NORWICH, NR3 3LE - £400,000

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.

16 ELM GROVE LANE is a midsized terraced house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £401,878. It was last sold for £400,000 in July 2023, which was around 63% above the average July 2023 terraced price in the Norwich local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

16 ELM GROVE LANE Sold Prices

Land registry data shows three sales for 16 ELM GROVE 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 16 ELM GROVE LANE 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
2023 20 JUL	£400,000	£245,398	63% above HPI
2013 1 NOV	£227,500	£155,447	46% above HPI
2009 12 OCT	£140,000	£135,643	3% above HPI

16 ELM GROVE 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 16 ELM GROVE LANE sales between October 2009 and July 2023 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 November 2013 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2023 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 16 ELM GROVE LANE be worth now?

16 ELM GROVE LANE might now be worth an estimated £401,878.

This is based on house price inflation of 0.5%, between July 2023 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 0.5% inflationary increase is applied to the most recent sale price for 16 ELM GROVE LANE of £400,000 on 20th July 2023. For the value to have increased from £400,000 to £401,878 over the one year and nine months to October 2025, the following assumptions must hold true:

• The value of 16 ELM GROVE LANE has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The July 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELM GROVE LANE has not materially changed since July 2023.

How Large is 16 ELM GROVE LANE?

16 ELM GROVE LANE is 106m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% 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 16 ELM GROVE LANE lies on this distribution: 46% of terraced houses houses are smaller than 16 ELM GROVE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 ELM GROVE LANE: Plot and Title Map

16 ELM GROVE LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 16 ELM GROVE 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 16 ELM GROVE 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 16 ELM GROVE LANE?

16 ELM GROVE LANE is located in NORWICH, in the NR3 postcode district. The below map shows the position of No. 16 on ELM GROVE LANE.