14, WREN CLOSE, NORWICH, NR4 7NR - £305,000

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 WREN CLOSE is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £305,000 in March 2022, which was around 30% below the average March 2022 detached price in the Norwich local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

14 WREN CLOSE Sold Prices

Land registry data shows five sales for 14 WREN 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 Norwich local authority area for the corresponding sale date. All of the five 14 WREN 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 18 MAR	£305,000	£438,472	30% below HPI
2015 20 FEB	£201,000	£308,254	35% below HPI
2006 8 DEC	£176,000	£269,391	35% below HPI
2003 24 NOV	£150,000	£210,707	29% below HPI
2000 25 AUG	£72,500	£129,450	44% below HPI

14 WREN 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 five 14 WREN CLOSE sales between August 2000 and March 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 14 WREN CLOSE?

14 WREN CLOSE is 58m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 WREN CLOSE lies on this distribution: 3% of detached houses are smaller than 14 WREN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Norwich.

14 WREN CLOSE: Plot and Title Map

14 WREN CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 14 WREN 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 WREN 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 WREN CLOSE?

14 WREN CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 14 on WREN CLOSE.