8A, HOCKERING LANE, BAWBURGH, NORWICH, NR9 3LR - £149,000

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

8A HOCKERING LANE is a very small detached house of 57m², built sometime between 1950 and 1966. It was last sold for £149,000 in May 2007, which was around 41% below the average May 2007 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

8A HOCKERING LANE Sold Prices

Land registry data shows two sales for 8A HOCKERING 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 8A 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
2007 16 MAY	£149,000	£253,004	41% below HPI
2001 28 SEP	£66,500	£140,660	53% below HPI

8A 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 two 8A HOCKERING LANE sales from September 2001 and May 2007 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 September 2001 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2007 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8A HOCKERING LANE?

8A HOCKERING LANE is 57m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Bawburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Bawburgh, and where 8A HOCKERING LANE lies on this distribution: 7% of detached houses are smaller than 8A HOCKERING LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bawburgh.

8A HOCKERING LANE: Plot and Title Map

8A HOCKERING LANE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 8A 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 8A 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 8A HOCKERING LANE?

8A HOCKERING LANE is located in BAWBURGH, in the NR9 postcode district. The below map shows the position of No. 8A on HOCKERING LANE.