12, WILLOW CLOSE, WYMONDHAM, NR18 0TL - £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 WILLOW CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £278,250. It was last sold for £235,000 in October 2020, which was around 37% below the average October 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

12 WILLOW CLOSE Sold Prices

Land registry data shows two sales for 12 WILLOW 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 WILLOW 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 30 OCT	£235,000	£371,688	37% below HPI
2016 31 OCT	£185,000	£320,260	42% below HPI

12 WILLOW 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 WILLOW CLOSE sales from October 2016 and October 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 October 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 12 WILLOW CLOSE be worth now?

12 WILLOW CLOSE might now be worth an estimated £278,250.

This is based on house price inflation of 18.4%, between October 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 18.4% inflationary increase is applied to the most recent sale price for 12 WILLOW CLOSE of £235,000 on 30th October 2020. For the value to have increased from £235,000 to £278,250 over the five years and eight months to February 2025, the following assumptions must hold true:

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

How Large is 12 WILLOW CLOSE?

12 WILLOW CLOSE is 78m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 12 WILLOW CLOSE lies on this distribution: 15% of detached houses houses are smaller than 12 WILLOW CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

12 WILLOW CLOSE: Plot and Title Map

12 WILLOW CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 12 WILLOW 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 WILLOW 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 WILLOW CLOSE?

12 WILLOW CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 12 on WILLOW CLOSE.