CHERIANDA, QUARRY LANE, LYNG, NORWICH, NR9 5RS - £345,000

CHERIANDA is a very large extended detached house of 205m², built sometime between 1976 and 1982. It was last sold for £345,000 in December 2015, which was around 35% above the average December 2015 detached price in the Breckland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

CHERIANDA Sold Prices

Land registry data shows three sales for CHERIANDA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three CHERIANDA 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
2015 15 DEC	£345,000	£256,492	35% above HPI
2006 1 DEC	£325,000	£216,429	50% above HPI
1998 6 MAY	£113,000	£75,146	50% above HPI

CHERIANDA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three CHERIANDA sales between May 1998 and December 2015 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 December 2006 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is CHERIANDA?

CHERIANDA is 205m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Lyng, based on EPC data. The below chart shows the distribution of detached houses by size in Lyng, and where CHERIANDA lies on this distribution: 88% of detached houses are smaller than CHERIANDA, and 12% of houses are larger. Note that EPC data is not available for all properties in Lyng.

CHERIANDA: Plot and Title Map

CHERIANDA sits on a plot of roughly 0.387 of an acre, or 1,567m². The below map shows the location of CHERIANDA, 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 CHERIANDA). 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 CHERIANDA?

CHERIANDA is located on QUARRY LANE in LYNG, in the NR9 postcode district. The below map shows the position of CHERIANDA on QUARRY LANE.