12, WITTON CLOSE, REEDHAM, NORWICH, NR13 3HJ - £325,000

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 WITTON CLOSE is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £325,000 in November 2022, which was around 24% below the average November 2022 detached price in the Broadland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

12 WITTON CLOSE Sold Prices

Land registry data shows three sales for 12 WITTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 12 WITTON 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 15 NOV	£325,000	£426,292	24% below HPI
2015 29 SEP	£230,000	£291,153	21% below HPI
2014 19 SEP	£156,000	£271,228	42% below HPI

12 WITTON 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 three 12 WITTON CLOSE sales between September 2014 and November 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 September 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 WITTON CLOSE?

12 WITTON CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Reedham, based on EPC data. The below chart shows the distribution of detached houses by size in Reedham, and where 12 WITTON CLOSE lies on this distribution: 2% of detached houses are smaller than 12 WITTON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Reedham.

12 WITTON CLOSE: Plot and Title Map

12 WITTON CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 12 WITTON 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 WITTON 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 WITTON CLOSE?

12 WITTON CLOSE is located in REEDHAM, in the NR13 postcode district. The below map shows the position of No. 12 on WITTON CLOSE.