MEADOW PLACE, RECTORY ROAD, LYNG, NORWICH, NR9 5RA - £393,000

MEADOW PLACE is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £393,000 in September 2020, which was around 25% above the average September 2020 detached price in the Breckland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

MEADOW PLACE Sold Prices

Land registry data shows three sales for MEADOW PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three MEADOW PLACE 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
2020 10 SEP	£393,000	£314,912	25% above HPI
2011 5 APR	£230,000	£201,453	14% above HPI
1995 25 OCT	£88,000	£67,366	31% above HPI

MEADOW PLACE 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 three MEADOW PLACE sales between October 1995 and September 2020 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 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is MEADOW PLACE?

MEADOW PLACE is 132m² according to the EPC inspection conducted in July 2020. This puts it in the largest 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 MEADOW PLACE lies on this distribution: 75% of detached houses are smaller than MEADOW PLACE, and 24% of houses are larger. Note that EPC data is not available for all properties in Lyng.

MEADOW PLACE: Plot and Title Map

MEADOW PLACE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of MEADOW PLACE, 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 MEADOW PLACE). 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 MEADOW PLACE?

MEADOW PLACE is located on RECTORY ROAD in LYNG, in the NR9 postcode district. The below map shows the position of MEADOW PLACE on RECTORY ROAD.