16, BACK LANE, HETHERSETT, NORWICH, NR9 3JJ - £440,000

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

16 BACK LANE is a large detached house of 115m², built sometime between 1996 and 2002. It was last sold for £440,000 in November 2023, which was around 10% above the average November 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

16 BACK LANE Sold Prices

Land registry data shows three sales for 16 BACK 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. All of the three 16 BACK LANE sales were 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
2023 17 NOV	£440,000	£400,802	10% above HPI
2006 20 JAN	£238,500	£226,152	5% above HPI
1997 14 FEB	£82,000	£78,586	4% above HPI

16 BACK 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 16 BACK LANE sales between February 1997 and November 2023 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 January 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 16 BACK LANE?

16 BACK LANE is 115m² according to the EPC inspection conducted in December 2022. This puts it in the largest 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 16 BACK LANE lies on this distribution: 60% of detached houses are smaller than 16 BACK LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Hethersett.

16 BACK LANE: Plot and Title Map

16 BACK LANE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 16 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 16 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.

Where is 16 BACK LANE?

16 BACK LANE is located in HETHERSETT, in the NR9 postcode district. The below map shows the position of No. 16 on BACK LANE.