16, STILE CLOSE, MULBARTON, NORWICH, NR14 8BH - £284,000

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 STILE CLOSE is a very small extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £284,000 in June 2023, which was around 31% below the average June 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

16 STILE CLOSE Sold Prices

Land registry data shows four sales for 16 STILE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 16 STILE 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
2023 9 JUN	£284,000	£411,836	31% below HPI
2009 9 OCT	£130,000	£220,966	41% below HPI
1999 6 JUL	£54,500	£93,122	41% below HPI
1995 10 NOV	£51,500	£71,026	27% below HPI

16 STILE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four 16 STILE CLOSE sales between November 1995 and June 2023 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 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 16 STILE CLOSE?

16 STILE CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses by size in Mulbarton, and where 16 STILE CLOSE lies on this distribution: 12% of detached houses are smaller than 16 STILE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

16 STILE CLOSE: Plot and Title Map

16 STILE CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 16 STILE 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 STILE 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 STILE CLOSE?

16 STILE CLOSE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 16 on STILE CLOSE.