16, PARANA CLOSE, NORWICH, NR7 8BQ - £192,000

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 PARANA CLOSE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £192,000 in July 2006, which was around 18% below the average July 2006 detached price in the Broadland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

16 PARANA CLOSE Sold Prices

Land registry data shows two sales for 16 PARANA 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 PARANA 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
2006 28 JUL	£192,000	£233,719	18% below HPI
1998 26 OCT	£78,000	£87,138	10% below HPI

16 PARANA 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 PARANA CLOSE sales from October 1998 and July 2006 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 October 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2006 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 PARANA CLOSE?

16 PARANA CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in December 2014. 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 16 PARANA CLOSE lies on this distribution: 29% of detached houses are smaller than 16 PARANA CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 PARANA CLOSE: Plot and Title Map

16 PARANA CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 16 PARANA 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 PARANA 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 PARANA CLOSE?

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