14, HIGHER GREEN CLOSE, NEWTON FLOTMAN, NORWICH, NR15 1RB - £242,000

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

14 HIGHER GREEN CLOSE is a small extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £258,259. It was last sold for £242,000 in July 2022, which was around 9% below the average July 2022 semi-detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

14 HIGHER GREEN CLOSE Sold Prices

Land registry data shows two sales for 14 HIGHER GREEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Norfolk local authority area for the corresponding sale date. Both of the two 14 HIGHER GREEN 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 1 JUL	£242,000	£265,497	9% below HPI
2020 18 FEB	£172,000	£225,853	24% below HPI

14 HIGHER GREEN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 14 HIGHER GREEN CLOSE sales from February 2020 and July 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 February 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 14 HIGHER GREEN CLOSE be worth now?

14 HIGHER GREEN CLOSE might now be worth an estimated £258,259.

This is based on house price inflation of 6.7%, between July 2022 and February 2025, for semi-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 6.7% inflationary increase is applied to the most recent sale price for 14 HIGHER GREEN CLOSE of £242,000 on 1st July 2022. For the value to have increased from £242,000 to £258,259 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 14 HIGHER GREEN CLOSE has moved in line with the HPI for semi-detached houses in the South Norfolk local authority area.
• The July 2022 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HIGHER GREEN CLOSE has not materially changed since July 2022.

How Large is 14 HIGHER GREEN CLOSE?

14 HIGHER GREEN CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of semi-detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Flotman, and where 14 HIGHER GREEN CLOSE lies on this distribution: 24% of semi-detached houses houses are smaller than 14 HIGHER GREEN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

14 HIGHER GREEN CLOSE: Plot and Title Map

14 HIGHER GREEN CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 14 HIGHER GREEN 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 HIGHER GREEN 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 HIGHER GREEN CLOSE?

14 HIGHER GREEN CLOSE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 14 on HIGHER GREEN CLOSE.