3, BACK LANE, UPTON, NORWICH, NR13 6BN - £355,000

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.

3 BACK LANE is a large extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £466,786. It was last sold for £355,000 in January 2017, which was around 11% above the average January 2017 detached price in the Broadland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

3 BACK LANE Sold Prices

Land registry data shows four sales for 3 BACK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 3 BACK 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
2017 12 JAN	£355,000	£320,225	11% above HPI
2014 30 SEP	£250,000	£273,946	9% below HPI
2002 28 NOV	£159,995	£177,877	10% below HPI
1999 16 AUG	£86,500	£92,241	6% below HPI

3 BACK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 3 BACK LANE sales between August 1999 and January 2017 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 September 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 BACK LANE be worth now?

3 BACK LANE might now be worth an estimated £466,786.

This is based on house price inflation of 31.5%, between January 2017 and April 2026, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.5% inflationary increase is applied to the most recent sale price for 3 BACK LANE of £355,000 on 12th January 2017. For the value to have increased from £355,000 to £466,786 over the eight years and nine months to April 2026, the following assumptions must hold true:

• The value of 3 BACK LANE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BACK LANE has not materially changed since January 2017.

How Large is 3 BACK LANE?

3 BACK LANE is 136m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses houses in Upton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upton, and where 3 BACK LANE lies on this distribution: 65% of detached houses houses are smaller than 3 BACK LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Upton.

3 BACK LANE: Plot and Title Map

3 BACK LANE sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 3 BACK 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 3 BACK 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 3 BACK LANE?

3 BACK LANE is located in UPTON, in the NR13 postcode district. The below map shows the position of No. 3 on BACK LANE.