114, GRANGE CLOSE, HOVETON, NORWICH, NR12 8EB - £400,000

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

114 GRANGE CLOSE is a very large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £400,000 in August 2022, which was around 7% below the average August 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

114 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 114 GRANGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three 114 GRANGE 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
2022 15 AUG	£400,000	£431,475	7% below HPI
2018 11 DEC	£315,000	£340,956	8% below HPI
2017 29 AUG	£292,000	£326,061	10% below HPI

114 GRANGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three 114 GRANGE CLOSE sales between August 2017 and August 2022 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 December 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 114 GRANGE CLOSE?

114 GRANGE CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where 114 GRANGE CLOSE lies on this distribution: 82% of detached houses are smaller than 114 GRANGE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

114 GRANGE CLOSE: Plot and Title Map

114 GRANGE CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 114 GRANGE 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 114 GRANGE 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 114 GRANGE CLOSE?

114 GRANGE CLOSE is located in HOVETON, in the NR12 postcode district. The below map shows the position of No. 114 on GRANGE CLOSE.