Sovereign House Wash Lane

    SOVEREIGN HOUSE, WASH LANE, BANHAM, NORWICH, NR16 2HD

    This detached freehold property on Wash Lane last sold in December 2022 for £502,000. Based on price growth in the NR16 district since then, its estimated current value is £479,899 — placing it in the 77th percentile nationally and the 75th percentile within NR16. The property covers 154 m² (1,658 sq ft), giving an estimated value of £3,116 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,658 sq ft

    154 m²

    Last Sale Price

    £502,000

    Dec 2022

    Estimated Valuation

    £479,899

    Est. £/sq ft

    £289/sq ft

    £3,116/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms9
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area1,658 sq ft (154 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    20 Dec 2022

    £502,000

    6 May 2005

    £270,000

    20 Jul 1999

    £130,000

    Key Metrics

    Estimated valuation£479,899
    Value per sq ft / m²£289/sq ft (£3,116/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR16 district percentile75th percentile
    National percentile77th 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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