14, ELMS CLOSE, EARSHAM, BUNGAY, NR35 2TD - £218,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 ELMS CLOSE is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £218,000 in April 2019, which was around 36% below the average April 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

14 ELMS CLOSE Sold Prices

Land registry data shows two sales for 14 ELMS 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 14 ELMS 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
2019 12 APR	£218,000	£340,598	36% below HPI
2017 6 NOV	£160,000	£329,476	51% below HPI

14 ELMS 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 14 ELMS CLOSE sales from November 2017 and April 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 November 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 14 ELMS CLOSE?

14 ELMS CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Earsham, based on EPC data. The below chart shows the distribution of detached houses by size in Earsham, and where 14 ELMS CLOSE lies on this distribution: 17% of detached houses are smaller than 14 ELMS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Earsham.

14 ELMS CLOSE: Plot and Title Map

14 ELMS CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 14 ELMS 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 14 ELMS 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 14 ELMS CLOSE?

14 ELMS CLOSE is located in EARSHAM, in the NR35 postcode district. The below map shows the position of No. 14 on ELMS CLOSE.