HOMELEA, BACK LANE, BARFORD, NORWICH, NR9 4AT - £168,000

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

HOMELEA is a very small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £168,000 in September 2006, which was around 30% below the average September 2006 detached price in the South Norfolk local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

HOMELEA Sold Prices

Land registry data shows two sales for HOMELEA 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 HOMELEA 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
2006 29 SEP	£168,000	£240,817	30% below HPI
2002 20 MAY	£79,950	£151,085	47% below HPI

HOMELEA 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 HOMELEA sales from May 2002 and September 2006 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 2002 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2006 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is HOMELEA?

HOMELEA is 90m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Barford, based on EPC data. The below chart shows the distribution of detached houses by size in Barford, and where HOMELEA lies on this distribution: 6% of detached houses are smaller than HOMELEA, and 94% of houses are larger. Note that EPC data is not available for all properties in Barford.

HOMELEA: Plot and Title Map

HOMELEA sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of HOMELEA, 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 HOMELEA). 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 HOMELEA?

HOMELEA is located on BACK LANE in BARFORD, in the NR9 postcode district. The below map shows the position of HOMELEA on BACK LANE.