14, LAYER CLOSE, NORWICH, NR5 9NS - £264,000

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

14 LAYER CLOSE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £264,000 in March 2020, which was around 31% below the average March 2020 detached price in the Norwich local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

14 LAYER CLOSE Sold Prices

Land registry data shows three sales for 14 LAYER 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 Norwich local authority area for the corresponding sale date. All of the three 14 LAYER 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 20 MAR	£264,000	£385,215	31% below HPI
2007 8 JAN	£192,000	£272,336	29% below HPI
2004 29 JUL	£168,000	£225,718	26% below HPI

14 LAYER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 14 LAYER CLOSE sales between July 2004 and March 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 January 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 LAYER CLOSE?

14 LAYER CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 14 LAYER CLOSE lies on this distribution: 32% of detached houses are smaller than 14 LAYER CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Norwich.

14 LAYER CLOSE: Plot and Title Map

14 LAYER CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 14 LAYER 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 LAYER 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 LAYER CLOSE?

14 LAYER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 14 on LAYER CLOSE.