1, PRIORY CLOSE, ACLE, NORWICH, NR13 3AA - £360,000

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 PRIORY CLOSE is a very large extended detached house of 180m², built sometime between 1900 and 1929, which could now be worth an estimated £420,562. It was last sold for £360,000 in November 2020, which was around 1% below the average November 2020 detached price in the Broadland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

1 PRIORY CLOSE Sold Prices

Land registry data shows four sales for 1 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the four 1 PRIORY 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
2020 27 NOV	£360,000	£362,554	1% below HPI
2015 23 OCT	£260,000	£298,968	13% below HPI
2013 6 JUN	£209,000	£246,305	15% below HPI
1996 16 DEC	£93,000	£74,059	26% above HPI

1 PRIORY 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 four 1 PRIORY CLOSE sales between December 1996 and November 2020 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 October 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 PRIORY CLOSE be worth now?

1 PRIORY CLOSE might now be worth an estimated £420,562.

This is based on house price inflation of 16.8%, between November 2020 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 1 PRIORY CLOSE of £360,000 on 27th November 2020. For the value to have increased from £360,000 to £420,562 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 PRIORY CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRIORY CLOSE has not materially changed since November 2020.

How Large is 1 PRIORY CLOSE?

1 PRIORY CLOSE is 180m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 10% of detached houses houses in Acle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Acle, and where 1 PRIORY CLOSE lies on this distribution: 95% of detached houses houses are smaller than 1 PRIORY CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Acle.

1 PRIORY CLOSE: Plot and Title Map

1 PRIORY CLOSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 1 PRIORY 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 PRIORY 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 PRIORY CLOSE?

1 PRIORY CLOSE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 1 on PRIORY CLOSE.