13, WELLS CLOSE, HAINFORD, NORWICH, NR10 3NB - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

13 WELLS CLOSE is a very large extended detached house of 198m², built sometime between 1967 and 1975, which could now be worth an estimated £474,653. It was last sold for £305,000 in October 2014, which was around 12% above the average October 2014 detached price in the Broadland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

13 WELLS CLOSE Sold Prices

Land registry data shows three sales for 13 WELLS 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. Two of the three 13 WELLS CLOSE sales were for above the average price, whilst one was 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
2014 27 OCT	£305,000	£272,160	12% above HPI
2007 27 JUL	£330,000	£254,093	30% above HPI
2003 17 MAR	£147,000	£187,769	22% below HPI

13 WELLS 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 13 WELLS CLOSE sales between March 2003 and October 2014 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 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2014 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 13 WELLS CLOSE be worth now?

13 WELLS CLOSE might now be worth an estimated £474,653.

This is based on house price inflation of 55.6%, between October 2014 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.6% inflationary increase is applied to the most recent sale price for 13 WELLS CLOSE of £305,000 on 27th October 2014. For the value to have increased from £305,000 to £474,653 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 13 WELLS CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2014 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 13 WELLS CLOSE has not materially changed since October 2014.

How Large is 13 WELLS CLOSE?

13 WELLS CLOSE is 198m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses houses in Hainford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hainford, and where 13 WELLS CLOSE lies on this distribution: 85% of detached houses houses are smaller than 13 WELLS CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hainford.

13 WELLS CLOSE: Plot and Title Map

13 WELLS CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 13 WELLS 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 WELLS 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 WELLS CLOSE?

13 WELLS CLOSE is located in HAINFORD, in the NR10 postcode district. The below map shows the position of No. 13 on WELLS CLOSE.