50, SCHOOL LANE, LITTLE MELTON, NORWICH, NR9 3AD - £305,000

50 SCHOOL LANE is a very small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £305,000 in August 2019, which was around 8% below the average August 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

50 SCHOOL LANE Sold Prices

Land registry data shows two sales for 50 SCHOOL 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 50 SCHOOL LANE sales was for below the average price, whilst the other was 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
2019 9 AUG	£305,000	£331,281	8% below HPI
1995 4 APR	£77,500	£70,927	9% above HPI

50 SCHOOL 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 50 SCHOOL LANE sales from April 1995 and August 2019 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 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 50 SCHOOL LANE?

50 SCHOOL LANE is 88m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 50 SCHOOL LANE lies on this distribution: 8% of detached houses are smaller than 50 SCHOOL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

50 SCHOOL LANE: Plot and Title Map

50 SCHOOL LANE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 50 SCHOOL 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 50 SCHOOL 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 50 SCHOOL LANE?

50 SCHOOL LANE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 50 on SCHOOL LANE.