18, BILLING CLOSE, NORWICH, NR6 7EL - £185,000

18 BILLING CLOSE is a small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £185,000 in August 2013, which was around 26% below the average August 2013 detached price in the Broadland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

18 BILLING CLOSE Sold Prices

Land registry data shows three sales for 18 BILLING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 18 BILLING 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
2013 7 AUG	£185,000	£250,158	26% below HPI
2011 16 SEP	£207,000	£236,919	13% below HPI
2003 24 OCT	£141,500	£196,547	28% below HPI

18 BILLING CLOSE 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 three 18 BILLING CLOSE sales between October 2003 and August 2013 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 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 18 BILLING CLOSE?

18 BILLING CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 18 BILLING CLOSE lies on this distribution: 32% of detached houses are smaller than 18 BILLING CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 BILLING CLOSE: Plot and Title Map

18 BILLING CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 18 BILLING 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 18 BILLING 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 18 BILLING CLOSE?

18 BILLING CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 18 on BILLING CLOSE.