2, Willow Lane
2, Willow Lane
Description & Estimates
According to the public record, 2, Willow Lane, Norwich is a modern freehold house with 1,679 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Willow Lane, Norwich is £367,659 and the estimated rental value is £1,479 per month.
Willow Lane, Banham, Norwich, NR16 is located in the borough of Breckland within the NR16 postal district.
Our Data Sources
2, Willow Lane, Norwich has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Willow Lane, Norwich is in very good condition we estimate a sale value of £386,042 and a rental value of £1,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,923 and a rental value of £1,376 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Willow Lane, Norwich has declined by £7,514 (2.0%), while its estimated rental value has climbed by £40 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
2, Willow Lane, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
Sold Prices
According to HM Land Registry, 2, Willow Lane, Norwich was last sold on 6th May 2022 for £395,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped by 7.6%.
- Sold May 2022£395,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Willow Lane, Norwich within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 5, Fallow Drive, Norwich, NR16 2FJ, a freehold house which sold for £425,000 on the 23rd July 2024.
Read more about house prices in NR16.
- Sold Jul 2024£425,000 | 4 Bed House5, Fallow Drive, Norwich, NR16 2FJ5, Fallow Drive, Norwich, NR16 2FJ
- Sold Oct 2022£395,000 | 4 Bed House3, Willow Lane, Norwich, NR16 2JQ3, Willow Lane, Norwich, NR16 2JQ
- Sold Mar 2022£387,500 | 4 Bed House1, Willow Lane, Norwich, NR16 2JQ1, Willow Lane, Norwich, NR16 2JQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Willow Lane, Banham, Norwich, NR16 has a total of 3 addresses. According to our analysis of all the public data, 2, Willow Lane, Norwich is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in NR16.
More reading links
Schools Nearby
- 400mBanham Primary School
- 3.3kmKenninghall Primary School
- 4.1kmOld Buckenham Primary School
- 4.0kmOld Buckenham High School
- 8.0kmAttleborough Academy
- 9.4kmDiss High School
More reading links
Public Transport Nearby
The closest station to 2, Willow Lane, Norwich is Eccles Road station, which is 5.0 kilometres away.
- 5.0kmEccles Road
- 7.3kmAttleborough
- 8.4kmHarling Road
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
