8, CANDLERS LANE, HARLESTON, IP20 9JA - £184,000

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.

8 CANDLERS LANE is a very small extended terraced house of 62m², built sometime before 1900, which could now be worth an estimated £210,243. It was last sold for £184,000 in November 2020, which was around 7% below the average November 2020 terraced price in the South Norfolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

8 CANDLERS LANE Sold Prices

Land registry data shows four sales for 8 CANDLERS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Norfolk local authority area for the corresponding sale date. All of the four 8 CANDLERS 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
2020 6 NOV	£184,000	£198,401	7% below HPI
2015 27 NOV	£138,000	£161,439	15% below HPI
2006 17 JAN	£115,000	£127,265	10% below HPI
2003 22 AUG	£90,000	£98,874	9% below HPI

8 CANDLERS LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Norfolk local authority area over time, sourced from the HPI. The four 8 CANDLERS LANE sales between August 2003 and November 2020 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 November 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 CANDLERS LANE be worth now?

8 CANDLERS LANE might now be worth an estimated £210,243.

This is based on house price inflation of 14.3%, between November 2020 and June 2025, for terraced 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 14.3% inflationary increase is applied to the most recent sale price for 8 CANDLERS LANE of £184,000 on 6th November 2020. For the value to have increased from £184,000 to £210,243 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 8 CANDLERS LANE has moved in line with the HPI for terraced houses in the South Norfolk local authority area.
• The November 2020 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CANDLERS LANE has not materially changed since November 2020.

How Large is 8 CANDLERS LANE?

8 CANDLERS LANE is 62m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of terraced houses houses in Harleston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Harleston, and where 8 CANDLERS LANE lies on this distribution: 6% of terraced houses houses are smaller than 8 CANDLERS LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Harleston.

8 CANDLERS LANE: Plot and Title Map

8 CANDLERS LANE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 8 CANDLERS 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 8 CANDLERS 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 8 CANDLERS LANE?

8 CANDLERS LANE is located in HARLESTON, in the IP20 postcode district. The below map shows the position of No. 8 on CANDLERS LANE.