12, TIZZICK CLOSE, NORWICH, NR5 9HB - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 TIZZICK CLOSE is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £225,000 in September 2022, which was around 52% below the average September 2022 detached price in the Norwich local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

12 TIZZICK CLOSE Sold Prices

Land registry data shows four sales for 12 TIZZICK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 12 TIZZICK 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 27 SEP	£225,000	£468,203	52% below HPI
2017 3 JAN	£160,000	£358,127	55% below HPI
2011 27 JUN	£136,000	£254,962	47% below HPI
2004 23 APR	£115,000	£220,673	48% below HPI

12 TIZZICK 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 four 12 TIZZICK CLOSE sales between April 2004 and September 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 January 2017 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 12 TIZZICK CLOSE?

12 TIZZICK CLOSE is 64m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 12 TIZZICK CLOSE lies on this distribution: 5% of detached houses are smaller than 12 TIZZICK CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 TIZZICK CLOSE: Plot and Title Map

12 TIZZICK CLOSE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 12 TIZZICK 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 TIZZICK 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 TIZZICK CLOSE?

12 TIZZICK CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 12 on TIZZICK CLOSE.