BANK SIDE, CHURCH LANE, HADDISCOE, NORWICH, NR14 6PB - £345,000

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.

BANK SIDE is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £427,486. It was last sold for £345,000 in October 2018, which was around 3% below the average October 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

BANK SIDE Sold Prices

Land registry data shows three sales for BANK SIDE 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 BANK SIDE 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
2018 30 OCT	£345,000	£355,176	3% below HPI
2007 10 JUL	£249,995	£261,831	5% below HPI
1999 29 OCT	£86,000	£102,104	16% below HPI

BANK SIDE 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 BANK SIDE sales between October 1999 and October 2018 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 July 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might BANK SIDE be worth now?

BANK SIDE might now be worth an estimated £427,486.

This is based on house price inflation of 23.9%, between October 2018 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 23.9% inflationary increase is applied to the most recent sale price for BANK SIDE of £345,000 on 30th October 2018. For the value to have increased from £345,000 to £427,486 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of BANK SIDE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of BANK SIDE has not materially changed since October 2018.

How Large is BANK SIDE?

BANK SIDE is 96m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses houses in Haddiscoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haddiscoe, and where BANK SIDE lies on this distribution: 24% of detached houses houses are smaller than BANK SIDE, and 74% of houses are larger. Note that EPC data is not available for all properties in Haddiscoe.

BANK SIDE: Plot and Title Map

BANK SIDE sits on a plot of roughly 0.215 of an acre, or 872m². The below map shows the location of BANK SIDE, 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 BANK SIDE). 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 BANK SIDE?

BANK SIDE is located on CHURCH LANE in HADDISCOE, in the NR14 postcode district. The below map shows the position of BANK SIDE on CHURCH LANE.