1, CANNS LANE, HETHERSETT, NORWICH, NR9 3JE - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CANNS LANE is a midsized extended detached house of 110m², built sometime before 1900. It was last sold for £285,000 in October 2015, which was around 1% below the average October 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

1 CANNS LANE Sold Prices

Land registry data shows three sales for 1 CANNS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. The three 1 CANNS LANE sales were a mix of below the average price, roughly equal to the average price, and above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 16 OCT	£285,000	£286,672	1% below HPI
2011 4 OCT	£249,000	£235,629	6% above HPI
2007 25 SEP	£262,500	£261,799	Close to HPI

1 CANNS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 1 CANNS LANE sales between September 2007 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 CANNS LANE?

1 CANNS LANE is 110m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 1 CANNS LANE lies on this distribution: 51% of detached houses are smaller than 1 CANNS LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

1 CANNS LANE: Plot and Title Map

1 CANNS LANE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 CANNS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CANNS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CANNS LANE?

1 CANNS LANE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 1 on CANNS LANE.