13, ALDER CLOSE, PORINGLAND, NORWICH, NR14 7LY - £290,000

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.

13 ALDER CLOSE is a small extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £339,025. It was last sold for £290,000 in November 2020, which was around 23% below the average November 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

13 ALDER CLOSE Sold Prices

Land registry data shows three sales for 13 ALDER 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 South Norfolk local authority area for the corresponding sale date. All of the three 13 ALDER 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 3 NOV	£290,000	£376,455	23% below HPI
2010 14 JUN	£220,000	£245,039	10% below HPI
2006 5 JUN	£228,000	£243,343	6% below HPI

13 ALDER 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 three 13 ALDER CLOSE sales between June 2006 and November 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 June 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 13 ALDER CLOSE be worth now?

13 ALDER CLOSE might now be worth an estimated £339,025.

This is based on house price inflation of 16.9%, between November 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 16.9% inflationary increase is applied to the most recent sale price for 13 ALDER CLOSE of £290,000 on 3rd November 2020. For the value to have increased from £290,000 to £339,025 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 13 ALDER CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 13 ALDER CLOSE has not materially changed since November 2020.

How Large is 13 ALDER CLOSE?

13 ALDER CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poringland, and where 13 ALDER CLOSE lies on this distribution: 39% of detached houses houses are smaller than 13 ALDER CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Poringland.

13 ALDER CLOSE: Plot and Title Map

13 ALDER CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 13 ALDER 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 13 ALDER 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 13 ALDER CLOSE?

13 ALDER CLOSE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 13 on ALDER CLOSE.