10, FOLGATE CLOSE, COSTESSEY, NORWICH, NR8 5DN - £540,000

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

10 FOLGATE CLOSE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £540,000 in July 2024, which was around 34% above the average July 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

10 FOLGATE CLOSE Sold Prices

Land registry data shows two sales for 10 FOLGATE 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 10 FOLGATE CLOSE sales was for above the average price, whilst the other was 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
2024 25 JUL	£540,000	£401,847	34% above HPI
2020 6 MAR	£325,000	£349,462	7% below HPI

10 FOLGATE 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 10 FOLGATE CLOSE sales from March 2020 and July 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 March 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2024 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 10 FOLGATE CLOSE?

10 FOLGATE CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 10 FOLGATE CLOSE lies on this distribution: 22% of detached houses are smaller than 10 FOLGATE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Costessey.

10 FOLGATE CLOSE: Plot and Title Map

10 FOLGATE CLOSE sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 10 FOLGATE 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 10 FOLGATE 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 10 FOLGATE CLOSE?

10 FOLGATE CLOSE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 10 on FOLGATE CLOSE.