16, STAN PETERSEN CLOSE, NORWICH, NR1 4QJ - £310,000

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 STAN PETERSEN CLOSE is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £540,553. It was last sold for £310,000 in July 2010, which was around 17% above the average July 2010 detached price in the Norwich local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

16 STAN PETERSEN CLOSE Sold Prices

Land registry data shows three sales for 16 STAN PETERSEN 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 Norwich local authority area for the corresponding sale date. All of the three 16 STAN PETERSEN CLOSE sales were 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
2010 19 JUL	£310,000	£264,996	17% above HPI
2005 29 APR	£249,950	£235,954	6% above HPI
1999 22 OCT	£130,000	£105,676	23% above HPI

16 STAN PETERSEN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 16 STAN PETERSEN CLOSE sales between October 1999 and July 2010 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 April 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2010 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 16 STAN PETERSEN CLOSE be worth now?

16 STAN PETERSEN CLOSE might now be worth an estimated £540,553.

This is based on house price inflation of 74.4%, between July 2010 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.4% inflationary increase is applied to the most recent sale price for 16 STAN PETERSEN CLOSE of £310,000 on 19th July 2010. For the value to have increased from £310,000 to £540,553 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 16 STAN PETERSEN CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The July 2010 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 16 STAN PETERSEN CLOSE has not materially changed since July 2010.

How Large is 16 STAN PETERSEN CLOSE?

16 STAN PETERSEN CLOSE is 111m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% 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 STAN PETERSEN CLOSE lies on this distribution: 53% of detached houses houses are smaller than 16 STAN PETERSEN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 STAN PETERSEN CLOSE: Plot and Title Map

16 STAN PETERSEN CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 16 STAN PETERSEN 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 STAN PETERSEN 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 STAN PETERSEN CLOSE?

16 STAN PETERSEN CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 16 on STAN PETERSEN CLOSE.