2 Fairview Spicers Lane

    2 FAIRVIEW, SPICERS LANE, FORNCETT ST MARY, NORWICH, NR16 1JS

    This semi-detached freehold property on Spicers Lane last sold in September 2013 for £196,000. Based on price growth in the NR16 district since then, its estimated current value is £340,460 — placing it in the 57th percentile nationally and the 47th percentile within NR16. The property covers 118 m² (1,270 sq ft), giving an estimated value of £2,885 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £196,000

    Sept 2013

    Estimated Valuation

    £340,460

    Est. £/sq ft

    £268/sq ft

    £2,885/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area1,270 sq ft (118 m²)
    EPC dateMay 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    4 Sept 2013

    £196,000

    Key Metrics

    Estimated valuation£340,460
    Value per sq ft / m²£268/sq ft (£2,885/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR16 district percentile47th percentile
    National percentile57th percentile

    District Context — NR16

    NR16 covers central Norfolk, including parts of the Norwich urban area and surrounding settlements. It is a mixed residential district with broad appeal to families, retirees, and commuters within reach of the regional hub.

    Average Property Price - NR16

    £387,437

    65

    National percentile

    Average Net Household Income - NR16

    £40,847

    62

    National percentile

    10-Year Annualised Price Growth - NR16

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR16

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