12, WALLER CLOSE, NORWICH, NR7 0RN - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 WALLER CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £285,000 in April 2023, which was around 31% below the average April 2023 detached price in the Broadland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

12 WALLER CLOSE Sold Prices

Land registry data shows four sales for 12 WALLER 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 Broadland local authority area for the corresponding sale date. All of the four 12 WALLER 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
2023 14 APR	£285,000	£413,068	31% below HPI
2005 8 JUL	£161,000	£217,447	26% below HPI
2002 8 APR	£123,500	£149,012	17% below HPI
1998 6 NOV	£65,950	£85,178	23% below HPI

12 WALLER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 12 WALLER CLOSE sales between November 1998 and April 2023 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 July 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 WALLER CLOSE?

12 WALLER CLOSE is 76m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% 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 WALLER CLOSE lies on this distribution: 14% of detached houses are smaller than 12 WALLER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Norwich.

12 WALLER CLOSE: Plot and Title Map

12 WALLER CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 12 WALLER 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 WALLER 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 WALLER CLOSE?

12 WALLER CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 12 on WALLER CLOSE.