41, Three Mile Lane
41, Three Mile Lane
Description & Estimates
According to the public record, 41, Three Mile Lane, Norwich is a modern leasehold house with 581 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Three Mile Lane, Norwich is £206,074 and the estimated rental value is £1,032 per month.
Three Mile Lane, Norwich, NR5 is located in the borough of South Norfolk within the NR5 postal district.
Our Data Sources
41, Three Mile Lane, Norwich has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 41, Three Mile Lane, Norwich is in very good condition we estimate a sale value of £216,377 and a rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,649 and a rental value of £960 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 41, Three Mile Lane, Norwich has dropped by £1,300 (0.6%), while its estimated rental value has risen by £34 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
41, Three Mile Lane, Norwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 41, Three Mile Lane, Norwich was last sold on 19th December 2023 for £120,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since December 2023, the market for similar properties has dropped by 9.0%.
- Sold Dec 2023£120,000
- Sold Mar 2015£87,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Three Mile Lane, Norwich within a radius of 740 metres over the last 2 years.
The most recent example is 22, Wood View Court, Norwich, NR5 0HR, a freehold house which sold for £220,000 on the 19th December 2023.
Read more about house prices in NR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Three Mile Lane, Norwich, NR5 has a total of 41 addresses. According to our analysis of all the public data, 41, Three Mile Lane, Norwich is the 38th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in NR5.
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Schools Nearby
- 100mCostessey Primary School
- 600mSt Michael's VA Junior School
- 700mChapel Break Infant School
- 700mOrmiston Victory Academy
- 2.8kmCity Academy Norwich
- 3.0kmHellesdon High School
More reading links
Public Transport Nearby
The closest station to 41, Three Mile Lane, Norwich is Norwich station, which is 6.3 kilometres away.
- 6.3kmNorwich
- 11.3kmWymondham
- 12.1kmSalhouse
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
