16, LARCH CLOSE, NORWICH, NR7 8LE - £180,000

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

16 LARCH CLOSE is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £180,000 in December 2015, which was around 39% below the average December 2015 detached price in the Broadland local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

16 LARCH CLOSE Sold Prices

Land registry data shows three sales for 16 LARCH 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 Broadland local authority area for the corresponding sale date. All of the three 16 LARCH 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
2015 1 DEC	£180,000	£296,371	39% below HPI
2012 14 SEP	£157,000	£244,803	36% below HPI
2001 30 MAR	£73,000	£121,289	40% below HPI

16 LARCH 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 three 16 LARCH CLOSE sales between March 2001 and December 2015 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 September 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 LARCH CLOSE?

16 LARCH CLOSE is 52m² according to the EPC inspection conducted in January 2012. 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 16 LARCH CLOSE lies on this distribution: 1% of detached houses are smaller than 16 LARCH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 LARCH CLOSE: Plot and Title Map

16 LARCH CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 16 LARCH 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 LARCH 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 LARCH CLOSE?

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