7, BIG BACK LANE, CHEDGRAVE, NORWICH, NR14 6BH - £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

7 BIG BACK LANE is a large extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £255,000 in October 2003, which was around 28% above the average October 2003 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

7 BIG BACK LANE Sold Prices

Land registry data shows two sales for 7 BIG BACK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 7 BIG 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
2003 3 OCT	£255,000	£199,367	28% above HPI
2002 14 OCT	£205,000	£169,064	21% above HPI

7 BIG 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 two 7 BIG BACK LANE sales from October 2002 and October 2003 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 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2003 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 7 BIG BACK LANE?

7 BIG BACK LANE is 150m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Chedgrave, and where 7 BIG BACK LANE lies on this distribution: 79% of detached houses are smaller than 7 BIG BACK LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

7 BIG BACK LANE: Plot and Title Map

7 BIG BACK LANE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 7 BIG 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 7 BIG 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 7 BIG BACK LANE?

7 BIG BACK LANE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 7 on BIG BACK LANE.