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
12 BACK LANE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £260,000 in February 2016, which was around 11% below the average February 2016 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 12 BACK LANE since 1st 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. Two of the three 12 BACK LANE sales were for below the average price, whilst one was for 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 |
---|---|---|---|
2016 23 FEB | £260,000 | £293,125 | 11% below HPI |
1999 17 SEP | £89,950 | £96,855 | 7% below HPI |
1995 31 MAY | £70,500 | £70,042 | 1% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 12 BACK LANE sales between May 1995 and February 2016 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 September 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
12 BACK LANE is 93m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Hethersett, based on EPC data. The below chart shows the distribution of detached houses by size in Hethersett, and where 12 BACK LANE lies on this distribution: 32% of detached houses are smaller than 12 BACK LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hethersett.
12 BACK LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 12 BACK 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 12 BACK 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.
12 BACK LANE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 12 on BACK LANE.