7, HOMEBRED LANE, LODDON, NORWICH, NR14 6UY - £265,000

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.

7 HOMEBRED LANE is a large extended semi-detached house of 143m², built sometime between 1991 and 1995, which could now be worth an estimated £355,696. It was last sold for £265,000 in April 2017, which was around 30% above the average April 2017 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

7 HOMEBRED LANE Sold Prices

Land registry data shows four sales for 7 HOMEBRED LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 7 HOMEBRED 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
2017 11 APR	£265,000	£203,645	30% above HPI
2014 23 APR	£237,500	£164,395	44% above HPI
2010 23 AUG	£190,000	£159,777	19% above HPI
1995 7 APR	£48,450	£45,406	7% above HPI

7 HOMEBRED LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 7 HOMEBRED LANE sales between April 1995 and April 2017 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 2014 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 7 HOMEBRED LANE be worth now?

7 HOMEBRED LANE might now be worth an estimated £355,696.

This is based on house price inflation of 34.2%, between April 2017 and June 2025, for semi-detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.2% inflationary increase is applied to the most recent sale price for 7 HOMEBRED LANE of £265,000 on 11th April 2017. For the value to have increased from £265,000 to £355,696 over the seven years and ten months to June 2025, the following assumptions must hold true:

• The value of 7 HOMEBRED LANE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The April 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOMEBRED LANE has not materially changed since April 2017.

How Large is 7 HOMEBRED LANE?

7 HOMEBRED LANE is 143m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of semi-detached houses houses in Loddon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Loddon, and where 7 HOMEBRED LANE lies on this distribution: 73% of semi-detached houses houses are smaller than 7 HOMEBRED LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Loddon.

7 HOMEBRED LANE: Plot and Title Map

7 HOMEBRED LANE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 7 HOMEBRED 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 7 HOMEBRED 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 7 HOMEBRED LANE?

7 HOMEBRED LANE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 7 on HOMEBRED LANE.