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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Oak Lane, Norwich appears in the public record as a freehold house sitting on a 405 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 921 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Oak Lane, Norwich is £288,280 and its rental estimate is £1,255 per month, given the available information and assuming reasonable condition.
Oak Lane, Hingham, Norwich, NR9 falls within the NR9 postal district, in the borough of South Norfolk.
1, Oak Lane, Norwich has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Oak Lane, Norwich, we estimate a market value of £302,694 and a rental value of £1,318 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £268,101 and £1,167 per month respectively.
Over the last year, 1, Oak Lane, Norwich has seen its estimated sale value decline by £4,731 (1.6%) and its estimated rental value climb by £39 per month (3.1%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 1, Oak Lane, Norwich as measuring 405 m2.
That makes it the 27th largest plot in the postcode, where 29 of the 30 other houses have recorded plot data.
The most recent sale of 1, Oak Lane, Norwich completed on 16th February 2007 at £181,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 53.3% over the period since February 2007.
Over the past 2 years 3 properties similar to 1, Oak Lane, Norwich have sold within a radius of 4.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 4, Hopsack Road, Norwich, NR9 4FB, a freehold house which sold for £280,000.
Read more about house prices in NR9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 30 addresses on Oak Lane, Hingham, Norwich, NR9, 1, Oak Lane, Norwich comes out as the 19th largest and the 27th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the NR9 district.
From 1, Oak Lane, Norwich, the nearest station is Attleborough, 7.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Oak Lane, Norwich, 53.2% of property is privately owned outright and 34.2% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Oak Lane, Norwich, 12.5% of residents are recorded as possessing school level qualifications and 38.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Oak Lane, Norwich, the average age was 43.8 and the most common age was 17.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Oak Lane, Norwich, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Oak Lane, Norwich, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
