2B, Lakenham Road
2B, Lakenham Road
Description & Estimates
2B, Lakenham Road, Norwich is recorded publicly as a mid-century freehold house across 1,011 ft2 of internal area, sitting on a 358 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2B, Lakenham Road, Norwich is £278,516 and its rental estimate is £1,299 per month, given the available information and assuming reasonable condition.
Lakenham Road, Norwich, NR4 falls within the NR4 postal district, in the borough of Norwich.
Our Data Sources
2B, Lakenham Road, Norwich has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated October 2014.
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 2B, Lakenham Road, Norwich, we estimate a market value of £292,442 and a rental value of £1,364 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,020 and £1,208 per month respectively.
Recent Market Change
Over the last year, 2B, Lakenham Road, Norwich has seen its estimated sale value drop by £2,798 (1.0%) and its estimated rental value rise by £43 per month (3.3%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 2B, Lakenham Road, Norwich as measuring 358 m2.
That makes it the 9th largest plot in the postcode, where 10 of the 12 other houses have recorded plot data.
Energy Efficiency
2B, Lakenham Road, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 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
The most recent sale of 2B, Lakenham Road, Norwich completed on 21st December 2009 at £158,000 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 118.1% over the period since December 2009.
- Sold Dec 2009£158,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2B, Lakenham Road, Norwich have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th September 2023, was 233, Robin Hood Road, Norwich, NR4 6BY, a freehold house which sold for £281,800.
Read more about house prices in NR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 75 addresses on Lakenham Road, Norwich, NR4, 2B, Lakenham Road, Norwich comes out as the 6th largest and the 3rd most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the NR4 district.
More reading links
Schools Nearby
- 400mTuckswood Academy
- 800mEdith Cavell Academy and Nursery
- 1.2kmLakenham Primary School
- 400mHewett Academy
- 600mCity of Norwich School, An Ormiston Academy
- 1.4kmUniversity Technical College Norfolk
More reading links
Public Transport Nearby
From 2B, Lakenham Road, Norwich, the nearest station is Norwich, 2.3 kilometres away.
- 2.3kmNorwich
- 9.2kmBrundall Gardens
- 10.2kmSalhouse
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.
