16, NEW CLOSE, ACLE, NORWICH, NR13 3BG - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 NEW CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £400,000 in May 2022, which was around 1% below the average May 2022 detached price in the Broadland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

16 NEW CLOSE Sold Prices

Land registry data shows three sales for 16 NEW 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. Two of the three 16 NEW CLOSE sales were for below the average price, whilst one was for above 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
2022 9 MAY	£400,000	£405,424	1% below HPI
2004 3 DEC	£225,000	£217,258	4% above HPI
1997 2 FEB	£70,000	£75,706	8% below HPI

16 NEW 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 NEW CLOSE sales between February 1997 and May 2022 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 December 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 16 NEW CLOSE?

16 NEW CLOSE is 131m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 16 NEW CLOSE lies on this distribution: 76% of detached houses are smaller than 16 NEW CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Acle.

16 NEW CLOSE: Plot and Title Map

16 NEW CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 16 NEW 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 NEW 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 NEW CLOSE?

16 NEW CLOSE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 16 on NEW CLOSE.