11, WELLS CLOSE, HAINFORD, NORWICH, NR10 3NB - £198,500

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 WELLS CLOSE is a midsized detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £348,363. It was last sold for £198,500 in April 2010, which was around 18% below the average April 2010 detached price in the Broadland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was C.

11 WELLS CLOSE Sold Prices

Land registry data shows two sales for 11 WELLS 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 WELLS 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 16 APR	£198,500	£241,340	18% below HPI
2000 7 JUN	£105,000	£107,730	3% below HPI

11 WELLS 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 WELLS CLOSE sales from June 2000 and April 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 June 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2010 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 11 WELLS CLOSE be worth now?

11 WELLS CLOSE might now be worth an estimated £348,363.

This is based on house price inflation of 75.5%, between April 2010 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.5% inflationary increase is applied to the most recent sale price for 11 WELLS CLOSE of £198,500 on 16th April 2010. For the value to have increased from £198,500 to £348,363 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 11 WELLS CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The April 2010 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 11 WELLS CLOSE has not materially changed since April 2010.

How Large is 11 WELLS CLOSE?

11 WELLS CLOSE is 114m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 50% of detached houses houses in Hainford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hainford, and where 11 WELLS CLOSE lies on this distribution: 44% of detached houses houses are smaller than 11 WELLS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hainford.

11 WELLS CLOSE: Plot and Title Map

11 WELLS CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 11 WELLS 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 WELLS 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 WELLS CLOSE?

11 WELLS CLOSE is located in HAINFORD, in the NR10 postcode district. The below map shows the position of No. 11 on WELLS CLOSE.