12, PROCTOR CLOSE, CHEDGRAVE, NORWICH, NR14 6HR - £235,000

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 PROCTOR CLOSE is a midsized detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £293,831. It was last sold for £235,000 in January 2020, which was around 33% below the average January 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

12 PROCTOR CLOSE Sold Prices

Land registry data shows two sales for 12 PROCTOR 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 PROCTOR 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 3 JAN	£235,000	£351,979	33% below HPI
2016 10 FEB	£170,000	£302,311	44% below HPI

12 PROCTOR 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 PROCTOR CLOSE sales from February 2016 and January 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 February 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 12 PROCTOR CLOSE be worth now?

12 PROCTOR CLOSE might now be worth an estimated £293,831.

This is based on house price inflation of 25%, between January 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 25% inflationary increase is applied to the most recent sale price for 12 PROCTOR CLOSE of £235,000 on 3rd January 2020. For the value to have increased from £235,000 to £293,831 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 PROCTOR CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The January 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PROCTOR CLOSE has not materially changed since January 2020.

How Large is 12 PROCTOR CLOSE?

12 PROCTOR CLOSE is 99m² according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses houses in Chedgrave, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chedgrave, and where 12 PROCTOR CLOSE lies on this distribution: 51% of detached houses houses are smaller than 12 PROCTOR CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Chedgrave.

12 PROCTOR CLOSE: Plot and Title Map

12 PROCTOR CLOSE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 12 PROCTOR 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 PROCTOR 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 PROCTOR CLOSE?

12 PROCTOR CLOSE is located in CHEDGRAVE, in the NR14 postcode district. The below map shows the position of No. 12 on PROCTOR CLOSE.