31, CANFOR ROAD, RACKHEATH, NORWICH, NR13 6SP - £255,000

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

31 CANFOR ROAD is a very small semi-detached house of 70m², built sometime between 1996 and 2002. It was last sold for £255,000 in November 2022, which was around 40% below the average November 2022 detached price in the Broadland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

31 CANFOR ROAD Sold Prices

Land registry data shows four sales for 31 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 31 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 1 NOV	£255,000	£426,292	40% below HPI
2013 25 OCT	£176,500	£251,000	30% below HPI
2007 26 OCT	£175,000	£259,161	32% below HPI
2000 29 SEP	£67,750	£117,994	43% below HPI

31 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 31 CANFOR ROAD sales between September 2000 and November 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 October 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31 CANFOR ROAD?

31 CANFOR ROAD is 70m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where 31 CANFOR ROAD lies on this distribution: 8% of detached houses are smaller than 31 CANFOR ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

31 CANFOR ROAD: Plot and Title Map

31 CANFOR ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 31 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 31 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 31 CANFOR ROAD?

31 CANFOR ROAD is located in RACKHEATH, in the NR13 postcode district. The below map shows the position of No. 31 on CANFOR ROAD.