13, FOLGATE CLOSE, COSTESSEY, NORWICH, NR8 5DN - £393,000

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

13 FOLGATE CLOSE is a large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £393,000 in June 2019, which was around 17% above the average June 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

13 FOLGATE CLOSE Sold Prices

Land registry data shows three sales for 13 FOLGATE 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 FOLGATE CLOSE sales were for above 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
2019 5 JUN	£393,000	£336,517	17% above HPI
2015 18 DEC	£385,000	£289,476	33% above HPI
2015 15 MAY	£335,000	£270,789	24% above HPI

13 FOLGATE 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 FOLGATE CLOSE sales between May 2015 and June 2019 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 December 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 13 FOLGATE CLOSE?

13 FOLGATE CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Costessey, based on EPC data. The below chart shows the distribution of detached houses by size in Costessey, and where 13 FOLGATE CLOSE lies on this distribution: 71% of detached houses are smaller than 13 FOLGATE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Costessey.

13 FOLGATE CLOSE: Plot and Title Map

13 FOLGATE CLOSE sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 13 FOLGATE 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 FOLGATE 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 FOLGATE CLOSE?

13 FOLGATE CLOSE is located in COSTESSEY, in the NR8 postcode district. The below map shows the position of No. 13 on FOLGATE CLOSE.