12, MARION CLOSE, WYMONDHAM, NR18 0ND - £300,000

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.

12 MARION CLOSE is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £355,213. It was last sold for £300,000 in October 2020, which was around 19% below the average October 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

12 MARION CLOSE Sold Prices

Land registry data shows two sales for 12 MARION 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 South Norfolk local authority area for the corresponding sale date. Both of the two 12 MARION 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
2020 9 OCT	£300,000	£371,688	19% below HPI
2019 11 OCT	£215,000	£351,034	39% below HPI

12 MARION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 12 MARION CLOSE sales from October 2019 and October 2020 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 October 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 12 MARION CLOSE be worth now?

12 MARION CLOSE might now be worth an estimated £355,213.

This is based on house price inflation of 18.4%, between October 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 12 MARION CLOSE of £300,000 on 9th October 2020. For the value to have increased from £300,000 to £355,213 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 MARION CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MARION CLOSE has not materially changed since October 2020.

How Large is 12 MARION CLOSE?

12 MARION CLOSE is 72m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 12 MARION CLOSE lies on this distribution: 9% of detached houses houses are smaller than 12 MARION CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

12 MARION CLOSE: Plot and Title Map

12 MARION CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 12 MARION 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 12 MARION 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 12 MARION CLOSE?

12 MARION CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 12 on MARION CLOSE.