11, LAUD CLOSE, NORWICH, NR7 0TN - £255,000

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

11 LAUD CLOSE is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2019, which was around 26% below the average June 2019 detached price in the Broadland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

11 LAUD CLOSE Sold Prices

Land registry data shows five sales for 11 LAUD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 11 LAUD 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
2019 28 JUN	£255,000	£342,323	26% below HPI
2009 10 JUL	£162,000	£218,055	26% below HPI
2005 7 JUL	£159,950	£217,447	26% below HPI
2002 1 JUL	£115,750	£160,832	28% below HPI
1997 11 FEB	£52,750	£75,706	30% below HPI

11 LAUD 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 five 11 LAUD CLOSE sales between February 1997 and June 2019 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 July 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2019 sale, which was also at 26% below the HPI.

How Large is 11 LAUD CLOSE?

11 LAUD CLOSE is 78m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 11 LAUD CLOSE lies on this distribution: 16% of detached houses are smaller than 11 LAUD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Norwich.

11 LAUD CLOSE: Plot and Title Map

11 LAUD CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 11 LAUD 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 LAUD 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 LAUD CLOSE?

11 LAUD CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 11 on LAUD CLOSE.