24, GREEN LANE WEST, RACKHEATH, NORWICH, NR13 6PG - £230,000

24 GREEN LANE WEST is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £230,000 in December 2015, which was around 22% below the average December 2015 detached price in the Broadland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

24 GREEN LANE WEST Sold Prices

Land registry data shows three sales for 24 GREEN LANE WEST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 24 GREEN LANE WEST 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
2015 10 DEC	£230,000	£296,371	22% below HPI
2001 29 AUG	£129,995	£132,302	2% below HPI
1998 17 SEP	£82,500	£86,668	5% below HPI

24 GREEN LANE WEST 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 three 24 GREEN LANE WEST sales between September 1998 and December 2015 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 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 24 GREEN LANE WEST?

24 GREEN LANE WEST is 91m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 24 GREEN LANE WEST lies on this distribution: 29% of detached houses are smaller than 24 GREEN LANE WEST, and 70% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

24 GREEN LANE WEST: Plot and Title Map

24 GREEN LANE WEST sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 24 GREEN LANE WEST, 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 24 GREEN LANE WEST). 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 24 GREEN LANE WEST?

24 GREEN LANE WEST is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 24 on GREEN LANE WEST.