1, PRIORY CLOSE, ALPINGTON, NORWICH, NR14 7PA - £325,000

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 PRIORY CLOSE is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £325,000 in May 2022, which was around 19% below the average May 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

1 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 1 PRIORY 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 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
2022 24 MAY	£325,000	£400,914	19% below HPI
1995 20 OCT	£59,000	£71,511	17% below HPI

1 PRIORY 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 PRIORY CLOSE sales from October 1995 and May 2022 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 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 PRIORY CLOSE?

1 PRIORY CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Alpington, based on EPC data. The below chart shows the distribution of detached houses by size in Alpington, and where 1 PRIORY CLOSE lies on this distribution: 21% of detached houses are smaller than 1 PRIORY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Alpington.

1 PRIORY CLOSE: Plot and Title Map

1 PRIORY CLOSE sits on a plot of roughly 0.088 of an acre, or 354m². 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 ALPINGTON, in the NR14 postcode district. The below map shows the position of No. 1 on PRIORY CLOSE.