14, MALTEN CLOSE, PORINGLAND, NORWICH, NR14 7RW - £250,000

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 MALTEN CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £250,000 in February 2021, which was around 31% below the average February 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

14 MALTEN CLOSE Sold Prices

Land registry data shows four sales for 14 MALTEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 14 MALTEN 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
2021 2 FEB	£250,000	£361,883	31% below HPI
2018 17 AUG	£215,000	£339,680	37% below HPI
2013 27 MAR	£187,000	£240,686	22% below HPI
2010 30 JUL	£156,000	£239,995	35% below HPI

14 MALTEN 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 four 14 MALTEN CLOSE sales between July 2010 and February 2021 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 August 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 MALTEN CLOSE?

14 MALTEN CLOSE is 69m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses by size in Poringland, and where 14 MALTEN CLOSE lies on this distribution: 7% of detached houses are smaller than 14 MALTEN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Poringland.

14 MALTEN CLOSE: Plot and Title Map

14 MALTEN CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 14 MALTEN 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 MALTEN 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 MALTEN CLOSE?

14 MALTEN CLOSE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 14 on MALTEN CLOSE.