14, MORELLO CLOSE, NORWICH, NR4 7NF - £250,000

14 MORELLO CLOSE is a very large extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £250,000 in January 2007, which was around 8% below the average January 2007 detached price in the Norwich local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

14 MORELLO CLOSE Sold Prices

Land registry data shows two sales for 14 MORELLO CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 14 MORELLO CLOSE 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
2007 12 JAN	£250,000	£272,336	8% below HPI
1999 1 SEP	£70,000	£101,678	31% below HPI

14 MORELLO CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 14 MORELLO CLOSE sales from September 1999 and January 2007 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2007 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 14 MORELLO CLOSE?

14 MORELLO CLOSE is 155m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 14 MORELLO CLOSE lies on this distribution: 84% of detached houses are smaller than 14 MORELLO CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Norwich.

14 MORELLO CLOSE: Plot and Title Map

14 MORELLO CLOSE sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 14 MORELLO CLOSE, 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 14 MORELLO CLOSE). 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 14 MORELLO CLOSE?

14 MORELLO CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 14 on MORELLO CLOSE.