81, Park Lane
81, Park Lane
Description & Estimates
81, Park Lane, Norwich is recorded publicly as a period freehold house across 1,248 ft2 of internal area, sitting on a 135 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 81, Park Lane, Norwich is £332,136 and its rental estimate is £1,660 per month, given the available information and assuming reasonable condition.
Park Lane, Norwich, NR2 falls within the NR2 postal district, in the borough of Norwich.
Our Data Sources
81, Park Lane, Norwich has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 81, Park Lane, Norwich, we estimate a market value of £348,743 and a rental value of £1,743 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £308,886 and £1,544 per month respectively.
Recent Market Change
Over the last year, 81, Park Lane, Norwich has seen its estimated sale value move down by £6,510 (2.0%) and its estimated rental value increase by £34 per month (2.1%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 81, Park Lane, Norwich as measuring 135 m2.
That makes it the 3rd largest plot in the postcode, where 3 of the 4 other houses have recorded plot data.
Energy Efficiency
81, Park Lane, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 81, Park Lane, Norwich completed on 19th December 2013 at £225,000 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 46.9% over the period since December 2013.
- Sold Dec 2013£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 81, Park Lane, Norwich have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2024, was 12, Avenue Road, Norwich, NR2 3HL, a freehold house which sold for £390,000.
Read more about house prices in NR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 134 addresses on Park Lane, Norwich, NR2, 81, Park Lane, Norwich comes out as the 75th largest and the 90th most expensive in our analysis of the public data.
It is also £47k more expensive than the average property across the NR2 district.
More reading links
Schools Nearby
- 300mAvenue Junior School
- 600mRecreation Road Infant School
- 700mBignold Primary School and Nursery
- 1.3kmJane Austen College
- 1.3kmNotre Dame High School, Norwich
- 1.5kmCity of Norwich School, An Ormiston Academy
More reading links
Public Transport Nearby
From 81, Park Lane, Norwich, the nearest station is Norwich, 2.0 kilometres away.
- 2.0kmNorwich
- 9.5kmSalhouse
- 9.5kmBrundall Gardens
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
