42a Park Lane

    42A, PARK LANE, NORWICH, NR2 3EF

    This flat/maisonette leasehold property on Park Lane last sold in June 2024 for £135,000. Based on price growth in the NR2 district since then, its estimated current value is £130,855 — placing it in the 9th percentile nationally and the 8th percentile within NR2. The property covers 41 m² (441 sq ft), giving an estimated value of £3,192 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £135,000

    Jun 2024

    Estimated Valuation

    £130,855

    Est. £/sq ft

    £297/sq ft

    £3,192/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateOct 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jun 2024

    £135,000

    18 Jul 1997

    £26,000

    23 May 1997

    £20,000

    22 Feb 1996

    £34,953

    Key Metrics

    Estimated valuation£130,855
    Value per sq ft / m²£297/sq ft (£3,192/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile8th percentile
    National percentile9th 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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