5, TOWN LANE, GARVESTONE, NORWICH, NR9 4QR - £313,000

5 TOWN LANE is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £313,000 in March 2018, which was around 5% above the average March 2018 detached price in the Breckland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

5 TOWN LANE Sold Prices

Land registry data shows two sales for 5 TOWN 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 Breckland local authority area for the corresponding sale date. One of the two 5 TOWN LANE sales was for above the average price, whilst the other was 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
2018 19 MAR	£313,000	£299,298	5% above HPI
2013 4 NOV	£205,000	£215,467	5% below HPI

5 TOWN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 5 TOWN LANE sales from November 2013 and March 2018 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 5 TOWN LANE?

5 TOWN LANE is 112m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Garvestone, based on EPC data. The below chart shows the distribution of detached houses by size in Garvestone, and where 5 TOWN LANE lies on this distribution: 30% of detached houses are smaller than 5 TOWN LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Garvestone.

5 TOWN LANE: Plot and Title Map

5 TOWN LANE sits on a plot of roughly 0.303 of an acre, or 1,226m². The below map shows the location of 5 TOWN 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 5 TOWN 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 5 TOWN LANE?

5 TOWN LANE is located in GARVESTONE, in the NR9 postcode district. The below map shows the position of No. 5 on TOWN LANE.