1, OAK TREE CLOSE, LINGWOOD, NORWICH, NR13 4UH - £400,000

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 OAK TREE CLOSE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £400,000 in March 2018, which was around 20% above the average March 2018 detached price in the Broadland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

1 OAK TREE CLOSE Sold Prices

Land registry data shows two sales for 1 OAK TREE 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 Broadland local authority area for the corresponding sale date. Both of the two 1 OAK TREE CLOSE sales 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
2018 16 MAR	£400,000	£334,274	20% above HPI
2001 1 JUN	£189,950	£129,585	47% above HPI

1 OAK TREE 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 two 1 OAK TREE CLOSE sales from June 2001 and March 2018 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 2001 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2018 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 1 OAK TREE CLOSE?

1 OAK TREE CLOSE is 162m² according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 1 OAK TREE CLOSE lies on this distribution: 86% of detached houses are smaller than 1 OAK TREE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

1 OAK TREE CLOSE: Plot and Title Map

1 OAK TREE CLOSE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 1 OAK TREE 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 OAK TREE 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 OAK TREE CLOSE?

1 OAK TREE CLOSE is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 1 on OAK TREE CLOSE.