1, MARSHALL CLOSE, NORWICH, NR5 0ED - £290,000

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 MARSHALL CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £290,000 in April 2024, which was around 29% below the average April 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

1 MARSHALL CLOSE Sold Prices

Land registry data shows two sales for 1 MARSHALL 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 South Norfolk local authority area for the corresponding sale date. Both of the two 1 MARSHALL 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
2024 10 APR	£290,000	£406,138	29% below HPI
2016 16 AUG	£197,500	£306,787	36% below HPI

1 MARSHALL 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 two 1 MARSHALL CLOSE sales from August 2016 and April 2024 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 August 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 MARSHALL CLOSE?

1 MARSHALL CLOSE is 74m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 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 1 MARSHALL CLOSE lies on this distribution: 12% of detached houses are smaller than 1 MARSHALL CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 MARSHALL CLOSE: Plot and Title Map

1 MARSHALL CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 1 MARSHALL 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 MARSHALL 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 MARSHALL CLOSE?

1 MARSHALL CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 1 on MARSHALL CLOSE.