Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 DIAMOND CLOSE is a large extended detached house of 139m², built sometime between 2003 and 2006. It was last sold for £365,000 in June 2021, which was around 2% below the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 1 DIAMOND CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. two of the four 1 DIAMOND CLOSE sales were for below the average price, and four were for above 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 |
---|---|---|---|
2021 23 JUN | £365,000 | £371,330 | 2% below HPI |
2019 28 MAR | £330,000 | £344,185 | 4% below HPI |
2006 17 MAY | £260,000 | £233,662 | 11% above HPI |
2003 21 JUL | £237,000 | £189,420 | 25% above HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 1 DIAMOND CLOSE sales between July 2003 and June 2021 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 March 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
1 DIAMOND CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses in Winfarthing, based on EPC data. The below chart shows the distribution of detached houses by size in Winfarthing, and where 1 DIAMOND CLOSE lies on this distribution: 70% of detached houses are smaller than 1 DIAMOND CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Winfarthing.
1 DIAMOND CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 1 DIAMOND 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 DIAMOND 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.
1 DIAMOND CLOSE is located in WINFARTHING, in the IP22 postcode district. The below map shows the position of No. 1 on DIAMOND CLOSE.