1, SEARS CLOSE, AYLSHAM, NORWICH, NR11 6JB - £365,000

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 SEARS CLOSE is a large detached house of 125m², built sometime between 1991 and 1995. It was last sold for £365,000 in September 2023, which was around 11% below the average September 2023 detached price in the Broadland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

1 SEARS CLOSE Sold Prices

Land registry data shows two sales for 1 SEARS 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. One of the two 1 SEARS 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
2023 22 SEP	£365,000	£410,353	11% below HPI
1995 11 AUG	£87,500	£74,659	17% above HPI

1 SEARS 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 SEARS CLOSE sales from August 1995 and September 2023 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 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 SEARS CLOSE?

1 SEARS CLOSE is 125m² according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of detached houses in Aylsham, based on EPC data. The below chart shows the distribution of detached houses by size in Aylsham, and where 1 SEARS CLOSE lies on this distribution: 61% of detached houses are smaller than 1 SEARS CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Aylsham.

1 SEARS CLOSE: Plot and Title Map

1 SEARS CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 1 SEARS 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 SEARS 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 SEARS CLOSE?

1 SEARS CLOSE is located in AYLSHAM, in the NR11 postcode district. The below map shows the position of No. 1 on SEARS CLOSE.