8, BOUNDARY LANE, NORWICH, NR7 0TB - £330,000

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.

8 BOUNDARY LANE is a large extended detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £451,278. It was last sold for £330,000 in March 2016, which was around 8% above the average March 2016 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

8 BOUNDARY LANE Sold Prices

Land registry data shows three sales for 8 BOUNDARY LANE 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 8 BOUNDARY 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
2016 31 MAR	£330,000	£304,945	8% above HPI
2009 24 JUL	£225,000	£220,241	2% above HPI
2005 21 NOV	£300,000	£221,152	36% above HPI

8 BOUNDARY LANE 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 8 BOUNDARY LANE sales between November 2005 and March 2016 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 July 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2016 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 BOUNDARY LANE be worth now?

8 BOUNDARY LANE might now be worth an estimated £451,278.

This is based on house price inflation of 36.8%, between March 2016 and October 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.8% inflationary increase is applied to the most recent sale price for 8 BOUNDARY LANE of £330,000 on 31st March 2016. For the value to have increased from £330,000 to £451,278 over the eight years and five months to October 2025, the following assumptions must hold true:

• The value of 8 BOUNDARY LANE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2016 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BOUNDARY LANE has not materially changed since March 2016.

How Large is 8 BOUNDARY LANE?

8 BOUNDARY LANE is 139m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 8 BOUNDARY LANE lies on this distribution: 75% of detached houses houses are smaller than 8 BOUNDARY LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 BOUNDARY LANE: Plot and Title Map

8 BOUNDARY LANE sits on a plot of roughly 0.509 of an acre, or 2,059m². The below map shows the location of 8 BOUNDARY 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 8 BOUNDARY 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 8 BOUNDARY LANE?

8 BOUNDARY LANE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 8 on BOUNDARY LANE.