11, CYPRESS CLOSE, TAVERHAM, NORWICH, NR8 6QG - £390,000

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

11 CYPRESS CLOSE is a large extended detached house of 144m², built sometime between 1976 and 1982. It was last sold for £390,000 in May 2021, which was around 10% above the average May 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

11 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 11 CYPRESS 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. Both of the two 11 CYPRESS CLOSE sales were 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
2021 14 MAY	£390,000	£355,624	10% above HPI
2015 10 DEC	£299,500	£296,371	1% above HPI

11 CYPRESS 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 11 CYPRESS CLOSE sales from December 2015 and May 2021 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 December 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 11 CYPRESS CLOSE?

11 CYPRESS CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 11 CYPRESS CLOSE lies on this distribution: 78% of detached houses are smaller than 11 CYPRESS CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Taverham.

11 CYPRESS CLOSE: Plot and Title Map

11 CYPRESS CLOSE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 11 CYPRESS 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 11 CYPRESS 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 11 CYPRESS CLOSE?

11 CYPRESS CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 11 on CYPRESS CLOSE.