5, School Lane
5, School Lane
Description & Estimates
According to the public record, 5, School Lane, Norwich is a period freehold house with 753 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, School Lane, Norwich is £272,157 and the estimated rental value is £1,166 per month.
School Lane, Sprowston, Norwich, NR7 is located in the borough of Broadland within the NR7 postal district.
Our Data Sources
5, School Lane, Norwich has 51 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 5, School Lane, Norwich is in very good condition we estimate a sale value of £285,765 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,106 and a rental value of £1,085 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, School Lane, Norwich has decreased by £2,260 (0.8%), while its estimated rental value has grown by £32 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 5, School Lane, Norwich sits on a plot of 207 m2.
We have plot size data on 21 out of 22 other houses in the postcode and 5, School Lane, Norwich sits on the 18th largest plot.
Energy Efficiency
5, School Lane, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2017.
The property is 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, 5, School Lane, Norwich was last sold on 18th January 2018 for £219,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since January 2018, the market for similar properties has risen by 24.4%.
- Sold Jan 2018£219,000
- Sold Nov 2013£139,000
- Sold Feb 2005£129,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, School Lane, Norwich within a radius of 660 metres over the last 2 years.
The most recent example is 100, North Walsham Road, Norwich, NR6 7QQ, a freehold house which sold for £270,000 on the 19th January 2023.
Read more about house prices in NR7.
- Sold Jan 2023£270,000 | 3 Bed House100, North Walsham Road, Norwich, NR6 7QQ100, North Walsham Road, Norwich, NR6 7QQ
- Sold Nov 2021£182,750 | 3 Bed House11, School Lane, Norwich, NR7 8TB11, School Lane, Norwich, NR7 8TB
- Sold Oct 2019£168,000 | 3 Bed House7, School Lane, Norwich, NR7 8TB7, School Lane, Norwich, NR7 8TB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
School Lane, Sprowston, Norwich, NR7 has a total of 64 addresses. According to our analysis of all the public data, 5, School Lane, Norwich is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in NR7.
More reading links
Schools Nearby
- 700mSprowston Junior School
- 700mSprowston Infant School
- 700mOld Catton CofE VC Junior School
- 1.2kmSewell Park Academy
- 1.3kmSprowston Community Academy
- 1.8kmThe Open Academy
More reading links
Public Transport Nearby
The closest station to 5, School Lane, Norwich is Norwich station, which is 3.2 kilometres away.
- 3.2kmNorwich
- 6.1kmSalhouse
- 8.4kmBrundall Gardens
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
