12, OTTER CLOSE, SALHOUSE, NORWICH, NR13 6SF - £287,500

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.

12 OTTER CLOSE is a very small extended semi-detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £298,745. It was last sold for £287,500 in August 2024, which was around 9% above the average August 2024 semi-detached price in the Broadland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

12 OTTER CLOSE Sold Prices

Land registry data shows four sales for 12 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. Most of the four 12 OTTER CLOSE sales were for above 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 8 AUG	£287,500	£264,599	9% above HPI
2021 14 JAN	£265,500	£232,830	14% above HPI
2014 24 APR	£160,000	£165,239	3% below HPI
1999 28 APR	£55,500	£54,402	2% above HPI

12 OTTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The four 12 OTTER CLOSE sales between April 1999 and August 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 January 2021 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 12 OTTER CLOSE be worth now?

12 OTTER CLOSE might now be worth an estimated £298,745.

This is based on house price inflation of 3.9%, between August 2024 and February 2025, for semi-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 3.9% inflationary increase is applied to the most recent sale price for 12 OTTER CLOSE of £287,500 on 8th August 2024. For the value to have increased from £287,500 to £298,745 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 12 OTTER CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The August 2024 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 12 OTTER CLOSE has not materially changed since August 2024.

How Large is 12 OTTER CLOSE?

12 OTTER CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of semi-detached houses houses in Salhouse, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Salhouse, and where 12 OTTER CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 12 OTTER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Salhouse.

12 OTTER CLOSE: Plot and Title Map

12 OTTER CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 12 OTTER 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 OTTER 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 OTTER CLOSE?

12 OTTER CLOSE is located in SALHOUSE, in the NR13 postcode district. The below map shows the position of No. 12 on OTTER CLOSE.