3, LAYER CLOSE, NORWICH, NR5 9NS - £247,000

3 LAYER CLOSE is a large detached house of 128m², built sometime between 1976 and 1982. It was last sold for £247,000 in July 2016, which was around 29% below the average July 2016 detached price in the Norwich local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

3 LAYER CLOSE Sold Prices

Land registry data shows two sales for 3 LAYER 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 3 LAYER 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
2016 8 JUL	£247,000	£348,356	29% below HPI
1996 7 JUN	£69,000	£74,397	7% below HPI

3 LAYER 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 3 LAYER CLOSE sales from June 1996 and July 2016 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 June 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 LAYER CLOSE?

3 LAYER CLOSE is 128m² according to the EPC inspection conducted in August 2016. This puts it in the largest 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 3 LAYER CLOSE lies on this distribution: 69% of detached houses are smaller than 3 LAYER CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Norwich.

3 LAYER CLOSE: Plot and Title Map

3 LAYER CLOSE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 3 LAYER 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 3 LAYER 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 3 LAYER CLOSE?

3 LAYER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 3 on LAYER CLOSE.