CYDER ORCHARD, CHURCH LANE, BANHAM, NORWICH, NR16 2HR - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CYDER ORCHARD is a large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £425,000 in January 2021, which was around 33% above the average January 2021 detached price in the Breckland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

CYDER ORCHARD Sold Prices

Land registry data shows four sales for CYDER ORCHARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four CYDER ORCHARD 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
2021 6 JAN	£425,000	£318,901	33% above HPI
2014 21 MAY	£332,500	£228,376	46% above HPI
2002 19 DEC	£197,000	£154,877	27% above HPI
1999 5 NOV	£112,000	£93,566	20% above HPI

CYDER ORCHARD 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 four CYDER ORCHARD sales between November 1999 and January 2021 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 May 2014 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is CYDER ORCHARD?

CYDER ORCHARD is 141m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where CYDER ORCHARD lies on this distribution: 73% of detached houses are smaller than CYDER ORCHARD, and 27% of houses are larger. Note that EPC data is not available for all properties in Banham.

CYDER ORCHARD: Plot and Title Map

CYDER ORCHARD sits on a plot of roughly 0.398 of an acre, or 1,612m². The below map shows the location of CYDER ORCHARD, 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 CYDER ORCHARD). 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 CYDER ORCHARD?

CYDER ORCHARD is located on CHURCH LANE in BANHAM, in the NR16 postcode district. The below map shows the position of CYDER ORCHARD on CHURCH LANE.