Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 BACK LANE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £233,500 in November 2016, which was around 24% below the average November 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for 3 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 North Norfolk local authority area for the corresponding sale date. Two of the three 3 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 17 NOV | £233,500 | £309,009 | 24% below HPI |
2001 17 AUG | £112,000 | £125,421 | 11% below HPI |
1999 21 DEC | £97,000 | £94,684 | 2% above HPI |
The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 3 BACK LANE sales between December 1999 and November 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 August 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
3 BACK LANE is 62m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Catfield, based on EPC data. The below chart shows the distribution of detached houses by size in Catfield, and where 3 BACK LANE lies on this distribution: 1% of detached houses are smaller than 3 BACK LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Catfield.
3 BACK LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 3 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 3 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.
3 BACK LANE is located in CATFIELD, in the NR29 postcode district. The below map shows the position of No. 3 on BACK LANE.