11, HIGHER GREEN CLOSE, NEWTON FLOTMAN, NORWICH, NR15 1RB - £201,500

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.

11 HIGHER GREEN CLOSE is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £318,582. It was last sold for £201,500 in June 2015, which was around 28% below the average June 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

11 HIGHER GREEN CLOSE Sold Prices

Land registry data shows two sales for 11 HIGHER GREEN 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 11 HIGHER GREEN 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
2015 10 JUN	£201,500	£278,356	28% below HPI
2001 12 OCT	£102,500	£148,503	31% below HPI

11 HIGHER GREEN 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 11 HIGHER GREEN CLOSE sales from October 2001 and June 2015 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 HIGHER GREEN CLOSE be worth now?

11 HIGHER GREEN CLOSE might now be worth an estimated £318,582.

This is based on house price inflation of 58.1%, between June 2015 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.1% inflationary increase is applied to the most recent sale price for 11 HIGHER GREEN CLOSE of £201,500 on 10th June 2015. For the value to have increased from £201,500 to £318,582 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 11 HIGHER GREEN CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2015 sale price of £201,500 represented a fair market value for the property.
• The size, condition, and specification of 11 HIGHER GREEN CLOSE has not materially changed since June 2015.

How Large is 11 HIGHER GREEN CLOSE?

11 HIGHER GREEN CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where 11 HIGHER GREEN CLOSE lies on this distribution: 32% of detached houses houses are smaller than 11 HIGHER GREEN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

11 HIGHER GREEN CLOSE: Plot and Title Map

11 HIGHER GREEN CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 11 HIGHER GREEN 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 HIGHER GREEN 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 HIGHER GREEN CLOSE?

11 HIGHER GREEN CLOSE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 11 on HIGHER GREEN CLOSE.