11, SOUTH GAGE CLOSE, NORWICH, NR7 8BW - £245,000

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 SOUTH GAGE CLOSE is a very small extended semi-detached house of 81m², built sometime between 1967 and 1975. It was last sold for £245,000 in May 2024, which was around 40% below the average May 2024 detached price in the Broadland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

11 SOUTH GAGE CLOSE Sold Prices

Land registry data shows four sales for 11 SOUTH GAGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 11 SOUTH GAGE 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
2024 2 MAY	£245,000	£408,533	40% below HPI
2009 9 NOV	£140,000	£226,715	38% below HPI
2005 16 SEP	£144,000	£219,488	34% below HPI
2000 25 SEP	£82,500	£117,994	30% below HPI

11 SOUTH GAGE 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 four 11 SOUTH GAGE CLOSE sales between September 2000 and May 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 November 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 11 SOUTH GAGE CLOSE?

11 SOUTH GAGE CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 SOUTH GAGE CLOSE lies on this distribution: 19% of detached houses are smaller than 11 SOUTH GAGE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Norwich.

11 SOUTH GAGE CLOSE: Plot and Title Map

11 SOUTH GAGE CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 11 SOUTH GAGE 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 SOUTH GAGE 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 SOUTH GAGE CLOSE?

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