CLOVELLY, THE COMMON, LYNG, NORWICH, NR9 5RP - £315,000

CLOVELLY is a small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £315,000 in March 2022, which was around 13% below the average March 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

CLOVELLY Sold Prices

Land registry data shows four sales for CLOVELLY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four CLOVELLY sales were 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
2022 25 MAR	£315,000	£361,299	13% below HPI
2018 30 APR	£250,000	£299,013	16% below HPI
2004 14 MAY	£149,950	£185,877	19% below HPI
1999 8 OCT	£60,000	£92,232	35% below HPI

CLOVELLY 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 four CLOVELLY sales between October 1999 and March 2022 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 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CLOVELLY?

CLOVELLY is 82m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where CLOVELLY lies on this distribution: 29% of detached houses are smaller than CLOVELLY, and 71% of houses are larger. Note that EPC data is not available for all properties in Lyng.

CLOVELLY: Plot and Title Map

CLOVELLY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of CLOVELLY, 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 CLOVELLY). 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 CLOVELLY?

CLOVELLY is located on THE COMMON in LYNG, in the NR9 postcode district. The below map shows the position of CLOVELLY on THE COMMON.