15, MILL CROFT CLOSE, NEW COSTESSEY, NORWICH, NR5 0ST - £197,500

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 MILL CROFT CLOSE is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £197,500 in July 2017, which was around 38% below the average July 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was C.

15 MILL CROFT CLOSE Sold Prices

Land registry data shows three sales for 15 MILL CROFT 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 South Norfolk local authority area for the corresponding sale date. All of the three 15 MILL CROFT 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
2017 21 JUL	£197,500	£318,977	38% below HPI
2010 12 MAR	£150,000	£224,905	33% below HPI
2004 20 JUL	£145,000	£208,688	31% below HPI

15 MILL CROFT 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 three 15 MILL CROFT CLOSE sales between July 2004 and July 2017 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 March 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 15 MILL CROFT CLOSE?

15 MILL CROFT CLOSE is 84m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 15 MILL CROFT CLOSE lies on this distribution: 23% of detached houses are smaller than 15 MILL CROFT CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 MILL CROFT CLOSE: Plot and Title Map

15 MILL CROFT CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 15 MILL CROFT 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 MILL CROFT 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 15 MILL CROFT CLOSE?

15 MILL CROFT CLOSE is located in NEW COSTESSEY, in the NR5 postcode district. The below map shows the position of No. 15 on MILL CROFT CLOSE.