1, PAINE CLOSE, DISS, IP22 4YN - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PAINE CLOSE is a very small extended detached house of 74m², built sometime between 1983 and 1990. It was last sold for £330,000 in May 2024, which was around 18% below the average May 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

1 PAINE CLOSE Sold Prices

Land registry data shows two sales for 1 PAINE 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. One of the two 1 PAINE CLOSE sales was for below the average price, whilst the other was 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
2024 20 MAY	£330,000	£403,844	18% below HPI
1996 1 JUL	£77,000	£75,705	2% above HPI

1 PAINE 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 PAINE CLOSE sales from July 1996 and May 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 July 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 PAINE CLOSE?

1 PAINE CLOSE is 74m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Diss, based on EPC data. The below chart shows the distribution of detached houses by size in Diss, and where 1 PAINE CLOSE lies on this distribution: 14% of detached houses are smaller than 1 PAINE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Diss.

1 PAINE CLOSE: Plot and Title Map

1 PAINE CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 1 PAINE 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 PAINE 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 PAINE CLOSE?

1 PAINE CLOSE is located in DISS, in the IP22 postcode district. The below map shows the position of No. 1 on PAINE CLOSE.