Housing Market Analysis for GROVE LANE, NR15 1LR

Are you looking to understand NR15 1LR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Norfolk postcode.

For the location information and nearby amenities in the NR15 1LR area, explore the NR15 1LR Area information page.
For comprehensive crime statistics in the NR15 1LR area, explore the NR15 1LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR15 1LR postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £215,650 median price is £188,000 Standard Deviation is £60,812 with Total Sold: 3
    • The Last 5 Year average price is £244,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 GROVE LANE: £300,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is 1 GROVE LANE: £158,950 (Sold on 04 Oct 2004)
  • Detached
    • The average price is around £253,333 median price is £197,500 Standard Deviation is £145,029 with Total Sold: 6
    • The Last 5 Year average price is £575,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE MAPLES GROVE LANE: £575,000 (Sold on 01 Sep 2022)
    • The first recorded sale happened at this postcode is PINEWOOD LODGE GROVE LANE: £190,000 (Sold on 25 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NR15 1LR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £3,529 1
2021£188,000 £2,212 1
2004£158,950 £1,870 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£575,000 £3,758 1
2013£215,000 £2,337 1
2008£205,0001
2005£177,0001
2004£158,0001
1995£190,000 £974 1

All the Sales in the GROVE LANE, NR15 1LR

See the table below for more details on the sold house prices in the NR15 1LR, South Norfolk postcode.

AddressSold DatePrice% Change
1 GROVE LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196614 Jul 2023£300,00059.57%
08 Jan 2021£188,00018.28%
04 Oct 2004£158,950First Sale
THE MAPLES GROVE LANEDetached, FreeholdArea: 153 Sq.mtrAge: 1967-197501 Sep 2022£575,000First Sale
LINDEN GROVE LANEDetached, FreeholdArea: 92 Sq.mtrAge: 1930-194916 Aug 2013£215,000First Sale
5 GROVE LANEDetached, Freehold23 May 2008£205,00029.75%
25 Jun 2004£158,000First Sale
6 GROVE LANEDetached, Freehold14 Jan 2005£177,000First Sale
PINEWOOD LODGE GROVE LANEDetached, FreeholdArea: 195 Sq.mtrAge: 1967-197525 Sep 1995£190,000First Sale

Check out the sold house prices near the NR15 1LR postcode. Properties currently for saleProperties currently for rent

GROVE LANE, NR15 1LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR15 1LR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NR15 1LR postcode.

  • Semi-Detached
    • The average price is around £176,930 median price is £165,000 Standard Deviation is £83,866 with Total Sold: 27
    • The Last 5 Year average price is £285,600 with Total Sold: 5
    • The most recent sale happened at this postcode is , 1 GROVE LANE: £300,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , SEDGEFIELD SAXLINGHAM LANE: £45,750 (Sold on 11 Sep 1995)
  • Detached
    • The average price is around £307,060 median price is £245,000 Standard Deviation is £191,445 with Total Sold: 75
    • The Last 5 Year average price is £532,600 with Total Sold: 15
    • The most recent sale happened at this postcode is , PILGRIM COTTAGE LOW ROAD: £440,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is , PINEWOOD LODGE GROVE LANE: £190,000 (Sold on 25 Sep 1995)
  • Other
    • The average price is around £872,667 median price is £925,000 Standard Deviation is £242,482 with Total Sold: 3
    • The Last 5 Year average price is £872,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , WATER MILL HOUSE LOW ROAD: £1,140,000 (Sold on 03 Nov 2022)
    • The first recorded sale happened at this postcode is , WATER MILL HOUSE LOW ROAD: £925,000 (Sold on 22 Jul 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£367,500 £5,060 2
2021£234,000 £3,227 2
2020£225,000 £2,419 1
2018£288,000 £2,692 1
2016£215,000 £3,658 1
2014£205,000 £1,314 1
2013£162,0001
2010£170,500 £2,901 1
2009£186,667 £1,858 3
2008£130,000 £890 1
2007£180,000 £2,353 2
2006£159,950 £1,495 1
2005£164,0002
2004£158,950 £1,870 1
2003£98,7501
2002£138,500 £1,424 2
2001£70,600 £627 2
1999£49,000 £336 1
1995£45,7501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£420,000 £3,298 2
2022£553,333 £4,119 3
2021£552,143 £3,629 7
2020£541,333 £2,826 3
2017£517,250 £2,490 2
2016£175,000 £2,244 1
2015£812,500 £2,232 1
2014£225,467 £2,499 3
2013£260,000 £2,250 2
2012£232,500 £1,530 1
2011£610,000 £2,276 1
2010£425,0001
2009£302,000 £1,461 2
2008£328,500 £2,391 4
2006£475,000 £2,610 1
2005£234,833 £1,502 6
2004£230,583 £1,978 6
2003£270,142 £1,392 6
2002£217,333 £1,512 3
2001£191,667 £1,318 3
2000£240,083 £1,071 6
1999£152,667 £914 3
1998£85,000 £467 1
1997£63,000 £456 3
1996£52,917 £575 3
1995£190,000 £974 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£846,500 £7,158 2
2019£925,000 £8,645 1

House Type in NR15 1LR area

The most common house types in the NR15 1LR postcode area are Detached (78), Semi-detached (16), and Terraced (1).

Total97
Detached78
Semi-detached16
Terraced1
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright50
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency6
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the NR15 1LR have 2 people in household (37), and 4 people in household (20).

2 people in household37
4 people in household20
1 person in household19
3 people in household14
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0