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

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 LARCH CLOSE is a very small detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £254,687. It was last sold for £180,000 in December 2015, which was around 40% 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	£299,341	40% below HPI
2012 14 SEP	£157,000	£247,257	37% below HPI
2001 30 MAR	£73,000	£122,504	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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 16 LARCH CLOSE be worth now?

16 LARCH CLOSE might now be worth an estimated £254,687.

This is based on house price inflation of 41.5%, between December 2015 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 41.5% inflationary increase is applied to the most recent sale price for 16 LARCH CLOSE of £180,000 on 1st December 2015. For the value to have increased from £180,000 to £254,687 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 LARCH CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LARCH CLOSE has not materially changed since December 2015.

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 houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 16 LARCH CLOSE lies on this distribution: 1% of detached houses 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.