55 Park Lane

    55, PARK LANE, NORWICH, NR2 3EF

    This terraced freehold property on Park Lane last sold in December 2015 for £423,000. Based on price growth in the NR2 district since then, its estimated current value is £553,970 — placing it in the 83rd percentile nationally and the 89th percentile within NR2. The property covers 143 m² (1,539 sq ft), giving an estimated value of £3,874 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,539 sq ft

    143 m²

    Last Sale Price

    £423,000

    Dec 2015

    Estimated Valuation

    £553,970

    Est. £/sq ft

    £360/sq ft

    £3,874/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,539 sq ft (143 m²)
    EPC dateFeb 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2015

    £423,000

    24 May 2010

    £272,500

    Key Metrics

    Estimated valuation£553,970
    Value per sq ft / m²£360/sq ft (£3,874/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR2 district percentile89th percentile
    National percentile83rd 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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