2, CANFOR ROAD, RACKHEATH, NORWICH, NR13 6SP - £330,000

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

2 CANFOR ROAD is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £330,000 in March 2022, which was around 19% below the average March 2022 detached price in the Broadland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

2 CANFOR ROAD Sold Prices

Land registry data shows four sales for 2 CANFOR ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 2 CANFOR ROAD sales were for below 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
2022 25 MAR	£330,000	£405,618	19% below HPI
2015 8 DEC	£228,000	£296,371	23% below HPI
2009 4 DEC	£188,000	£226,937	17% below HPI
2001 9 MAR	£91,950	£121,289	24% below HPI

2 CANFOR ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 2 CANFOR ROAD sales between March 2001 and March 2022 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 December 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 CANFOR ROAD?

2 CANFOR ROAD is 83m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 2 CANFOR ROAD lies on this distribution: 15% of detached houses are smaller than 2 CANFOR ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

2 CANFOR ROAD: Plot and Title Map

2 CANFOR ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 CANFOR ROAD, 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 2 CANFOR ROAD). 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 2 CANFOR ROAD?

2 CANFOR ROAD is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 2 on CANFOR ROAD.