8B, HOCKERING LANE, BAWBURGH, NORWICH, NR9 3LR - £200,000

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

8B HOCKERING LANE is a very small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £200,000 in February 2008, which was around 22% below the average February 2008 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

8B HOCKERING LANE Sold Prices

Land registry data shows three sales for 8B 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 8B 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
2008 15 FEB	£200,000	£257,143	22% below HPI
2001 2 MAR	£103,000	£127,317	19% below HPI
1998 18 SEP	£66,000	£87,513	25% below HPI

8B 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 8B HOCKERING LANE sales between September 1998 and February 2008 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 March 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2008 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8B HOCKERING LANE?

8B HOCKERING LANE is 94m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Bawburgh, based on EPC data. The below chart shows the distribution of detached houses by size in Bawburgh, and where 8B HOCKERING LANE lies on this distribution: 17% of detached houses are smaller than 8B HOCKERING LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bawburgh.

8B HOCKERING LANE: Plot and Title Map

8B HOCKERING LANE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 8B 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 8B 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 8B HOCKERING LANE?

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