12, SUNDERLAND CLOSE, NORWICH, NR6 6GP - £245,000

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 SUNDERLAND CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £286,050. It was last sold for £245,000 in February 2020, which was around 38% below the average February 2020 detached price in the Norwich local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

12 SUNDERLAND CLOSE Sold Prices

Land registry data shows six sales for 12 SUNDERLAND CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the six 12 SUNDERLAND 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 14 FEB	£245,000	£395,768	38% below HPI
2016 15 DEC	£217,000	£369,180	41% below HPI
2011 30 AUG	£175,000	£264,395	34% below HPI
2011 17 MAR	£174,950	£266,173	34% below HPI
2004 16 AUG	£167,500	£238,156	30% below HPI
2002 27 SEP	£140,125	£195,719	28% below HPI

12 SUNDERLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The six 12 SUNDERLAND CLOSE sales between September 2002 and February 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 December 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 12 SUNDERLAND CLOSE be worth now?

12 SUNDERLAND CLOSE might now be worth an estimated £286,050.

This is based on house price inflation of 16.8%, between February 2020 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 12 SUNDERLAND CLOSE of £245,000 on 14th February 2020. For the value to have increased from £245,000 to £286,050 over the five years to February 2025, the following assumptions must hold true:

• The value of 12 SUNDERLAND CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The February 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SUNDERLAND CLOSE has not materially changed since February 2020.

How Large is 12 SUNDERLAND CLOSE?

12 SUNDERLAND CLOSE is 80m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 12 SUNDERLAND CLOSE lies on this distribution: 18% of detached houses houses are smaller than 12 SUNDERLAND CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 SUNDERLAND CLOSE: Plot and Title Map

12 SUNDERLAND CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 12 SUNDERLAND 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 SUNDERLAND 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 SUNDERLAND CLOSE?

12 SUNDERLAND CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 12 on SUNDERLAND CLOSE.