14, MILL CLOSE, HICKLING, NORWICH, NR12 0YT - £205,000

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 MILL CLOSE is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £205,000 in January 2018, which was around 38% below the average January 2018 detached price in the North Norfolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

14 MILL CLOSE Sold Prices

Land registry data shows five sales for 14 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five 14 MILL 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
2018 19 JAN	£205,000	£332,740	38% below HPI
2006 27 JAN	£169,950	£217,525	22% below HPI
2003 27 NOV	£156,650	£186,412	16% below HPI
2002 21 MAY	£124,950	£147,049	15% below HPI
2000 22 SEP	£93,000	£109,576	15% below HPI

14 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The five 14 MILL CLOSE sales between September 2000 and January 2018 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 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 14 MILL CLOSE?

14 MILL CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where 14 MILL CLOSE lies on this distribution: 13% of detached houses are smaller than 14 MILL CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hickling.

14 MILL CLOSE: Plot and Title Map

14 MILL CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 14 MILL 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 MILL 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 MILL CLOSE?

14 MILL CLOSE is located in HICKLING, in the NR12 postcode district. The below map shows the position of No. 14 on MILL CLOSE.