38, HOCKERING LANE, BAWBURGH, NORWICH, NR9 3LR - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 HOCKERING LANE is a very small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £247,901. It was last sold for £170,000 in November 2015, which was around 44% below the average November 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

38 HOCKERING LANE Sold Prices

Land registry data shows three sales for 38 HOCKERING 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 38 HOCKERING LANE 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
2015 27 NOV	£170,000	£301,799	44% below HPI
2002 16 AUG	£113,000	£170,564	34% below HPI
1996 20 DEC	£49,000	£80,331	39% below HPI

38 HOCKERING 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 38 HOCKERING LANE sales between December 1996 and November 2015 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 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2015 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 38 HOCKERING LANE be worth now?

38 HOCKERING LANE might now be worth an estimated £247,901.

This is based on house price inflation of 45.8%, between November 2015 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.8% inflationary increase is applied to the most recent sale price for 38 HOCKERING LANE of £170,000 on 27th November 2015. For the value to have increased from £170,000 to £247,901 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 HOCKERING LANE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 38 HOCKERING LANE has not materially changed since November 2015.

How Large is 38 HOCKERING LANE?

38 HOCKERING LANE is 72m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Bawburgh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bawburgh, and where 38 HOCKERING LANE lies on this distribution: 12% of detached houses houses are smaller than 38 HOCKERING LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bawburgh.

38 HOCKERING LANE: Plot and Title Map

38 HOCKERING LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 38 HOCKERING 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 38 HOCKERING 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 38 HOCKERING LANE?

38 HOCKERING LANE is located in BAWBURGH, in the NR9 postcode district. The below map shows the position of No. 38 on HOCKERING LANE.