16, HIGHFIELD CLOSE, NORWICH, NR7 0RQ - £297,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 HIGHFIELD CLOSE is a large detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £350,214. It was last sold for £297,000 in May 2021, which was around 17% below the average May 2021 detached price in the Broadland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

16 HIGHFIELD CLOSE Sold Prices

Land registry data shows two sales for 16 HIGHFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 16 HIGHFIELD 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 6 MAY	£297,000	£359,189	17% below HPI
2001 8 NOV	£128,000	£143,412	11% below HPI

16 HIGHFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 16 HIGHFIELD CLOSE sales from November 2001 and May 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 November 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 HIGHFIELD CLOSE be worth now?

16 HIGHFIELD CLOSE might now be worth an estimated £350,214.

This is based on house price inflation of 17.9%, between May 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for 16 HIGHFIELD CLOSE of £297,000 on 6th May 2021. For the value to have increased from £297,000 to £350,214 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 16 HIGHFIELD CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2021 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HIGHFIELD CLOSE has not materially changed since May 2021.

How Large is 16 HIGHFIELD CLOSE?

16 HIGHFIELD CLOSE is 119m² according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 16 HIGHFIELD CLOSE lies on this distribution: 61% of detached houses houses are smaller than 16 HIGHFIELD CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 HIGHFIELD CLOSE: Plot and Title Map

16 HIGHFIELD CLOSE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 16 HIGHFIELD 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 16 HIGHFIELD 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 16 HIGHFIELD CLOSE?

16 HIGHFIELD CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 16 on HIGHFIELD CLOSE.