70, LAKENHAM ROAD, NORWICH, NR4 6BB - £177,500

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.

70 LAKENHAM ROAD is a small terraced house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £244,703. It was last sold for £177,500 in October 2015, which was around 1% below the average October 2015 terraced price in the Norwich local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

70 LAKENHAM ROAD Sold Prices

Land registry data shows three sales for 70 LAKENHAM ROAD 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. One of the three 70 LAKENHAM ROAD sales was for below the average price, whilst two 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
2015 30 OCT	£177,500	£178,840	1% below HPI
2014 14 MAR	£158,000	£156,316	1% above HPI
2005 11 NOV	£131,250	£128,884	2% above HPI

70 LAKENHAM ROAD 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 70 LAKENHAM ROAD sales between November 2005 and October 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 March 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 70 LAKENHAM ROAD be worth now?

70 LAKENHAM ROAD might now be worth an estimated £244,703.

This is based on house price inflation of 37.9%, between October 2015 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 37.9% inflationary increase is applied to the most recent sale price for 70 LAKENHAM ROAD of £177,500 on 30th October 2015. For the value to have increased from £177,500 to £244,703 over the ten years to October 2025, the following assumptions must hold true:

• The value of 70 LAKENHAM ROAD has moved in line with the HPI for terraced houses in the Norwich local authority area.
• The October 2015 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 70 LAKENHAM ROAD has not materially changed since October 2015.

How Large is 70 LAKENHAM ROAD?

70 LAKENHAM ROAD is 89m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% 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 70 LAKENHAM ROAD lies on this distribution: 28% of terraced houses houses are smaller than 70 LAKENHAM ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Norwich.

70 LAKENHAM ROAD: Plot and Title Map

70 LAKENHAM ROAD sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 70 LAKENHAM ROAD, 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 70 LAKENHAM ROAD). 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 70 LAKENHAM ROAD?

70 LAKENHAM ROAD is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 70 on LAKENHAM ROAD.