40a Park Lane

    40A, PARK LANE, NORWICH, NR2 3EF

    This flat/maisonette leasehold property on Park Lane last sold in May 2018 for £90,000. Based on price growth in the NR2 district since then, its estimated current value is £90,725 — placing it in the 3rd percentile nationally and the 2nd percentile within NR2. The property covers 40 m² (431 sq ft), giving an estimated value of £2,268 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £90,000

    May 2018

    Estimated Valuation

    £90,725

    Est. £/sq ft

    £211/sq ft

    £2,268/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area431 sq ft (40 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    18 May 2018

    £90,000

    9 Jan 2015

    £98,000

    8 Jan 2010

    £75,500

    Key Metrics

    Estimated valuation£90,725
    Value per sq ft / m²£211/sq ft (£2,268/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile2nd percentile
    National percentile3rd percentile

    District Context — NR2

    NR2 covers central Norwich and its immediately surrounding residential neighbourhoods in Norfolk. It is a mixed urban area with a blend of period properties, terraced housing, and modern developments, appealing to first-time buyers, young professionals, and landlords seeking rental returns.

    Average Property Price - NR2

    £311,124

    45

    National percentile

    Average Net Household Income - NR2

    £24,083

    3

    National percentile

    10-Year Annualised Price Growth - NR2

    2.9%

    26

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR2

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