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
15 MARWOOD CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £184,000 in November 2014, which was around 33% below the average November 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 15 MARWOOD CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the five 15 MARWOOD 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 |
---|---|---|---|
2014 28 NOV | £184,000 | £276,540 | 33% below HPI |
2011 30 JUN | £187,000 | £227,020 | 18% below HPI |
1999 1 APR | £60,000 | £87,524 | 31% below HPI |
1997 4 DEC | £50,000 | £84,474 | 41% below HPI |
1995 24 AUG | £55,000 | £71,690 | 23% below HPI |
The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The five 15 MARWOOD CLOSE sales between August 1995 and November 2014 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 June 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
15 MARWOOD CLOSE is 78m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 15 MARWOOD CLOSE lies on this distribution: 15% of detached houses are smaller than 15 MARWOOD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wymondham.
15 MARWOOD CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 15 MARWOOD 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 15 MARWOOD 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.
15 MARWOOD CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 15 on MARWOOD CLOSE.