1, DE GREY CLOSE, NEW COSTESSEY, NORWICH, NR5 0AL - £209,195

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.

1 DE GREY CLOSE is a small detached house of 95m², which could now be worth an estimated £282,833. It was last sold for £209,195 in April 2017, which was around 36% below the average April 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

1 DE GREY CLOSE Sold Prices

Land registry data shows three sales for 1 DE GREY 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 South Norfolk local authority area for the corresponding sale date. All of the three 1 DE GREY 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
2017 26 APR	£209,195	£325,512	36% below HPI
2015 28 SEP	£225,000	£295,809	24% below HPI
2012 19 DEC	£210,000	£247,256	15% below HPI

1 DE GREY CLOSE 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 three 1 DE GREY CLOSE sales between December 2012 and April 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 DE GREY CLOSE be worth now?

1 DE GREY CLOSE might now be worth an estimated £282,833.

This is based on house price inflation of 35.2%, between April 2017 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 1 DE GREY CLOSE of £209,195 on 26th April 2017. For the value to have increased from £209,195 to £282,833 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 1 DE GREY CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The April 2017 sale price of £209,195 represented a fair market value for the property.
• The size, condition, and specification of 1 DE GREY CLOSE has not materially changed since April 2017.

How Large is 1 DE GREY CLOSE?

1 DE GREY CLOSE is 95m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 1 DE GREY CLOSE lies on this distribution: 35% of detached houses houses are smaller than 1 DE GREY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 DE GREY CLOSE: Plot and Title Map

1 DE GREY CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 1 DE GREY 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 1 DE GREY 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 1 DE GREY CLOSE?

1 DE GREY CLOSE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 1 on DE GREY CLOSE.