11, POUND CLOSE, BANHAM, NORWICH, NR16 2SY - £210,000

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 POUND CLOSE is a very small detached house of 50m², built sometime between 1996 and 2002. It was last sold for £210,000 in July 2010, which was around 2% below the average July 2010 detached price in the Breckland local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

11 POUND CLOSE Sold Prices

Land registry data shows two sales for 11 POUND 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 Breckland local authority area for the corresponding sale date. Both of the two 11 POUND 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
2010 13 JUL	£210,000	£213,271	2% below HPI
1999 29 JUL	£75,000	£83,250	10% below HPI

11 POUND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 11 POUND CLOSE sales from July 1999 and July 2010 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 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2010 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 11 POUND CLOSE?

11 POUND CLOSE is 50m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where 11 POUND CLOSE lies on this distribution: 1% of detached houses are smaller than 11 POUND CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Banham.

11 POUND CLOSE: Plot and Title Map

11 POUND CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 11 POUND 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 POUND 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 POUND CLOSE?

11 POUND CLOSE is located in BANHAM, in the NR16 postcode district. The below map shows the position of No. 11 on POUND CLOSE.