16, POUND CLOSE, BANHAM, NORWICH, NR16 2SY - £159,995

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 POUND CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £159,995 in November 2004, which was around 20% below the average November 2004 detached price in the Breckland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

16 POUND CLOSE Sold Prices

Land registry data shows two sales for 16 POUND 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 Breckland local authority area for the corresponding sale date. Both of the two 16 POUND 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
2004 12 NOV	£159,995	£199,004	20% below HPI
2000 3 NOV	£105,000	£106,739	2% below HPI

16 POUND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 16 POUND CLOSE sales from November 2000 and November 2004 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 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2004 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 POUND CLOSE?

16 POUND CLOSE is 73m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where 16 POUND CLOSE lies on this distribution: 8% of detached houses are smaller than 16 POUND CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Banham.

16 POUND CLOSE: Plot and Title Map

16 POUND CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 16 POUND 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 POUND 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 POUND CLOSE?

16 POUND CLOSE is located in BANHAM, in the NR16 postcode district. The below map shows the position of No. 16 on POUND CLOSE.