16, WOODS CLOSE, NORWICH, NR6 5JN - £340,000

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 WOODS CLOSE is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £340,000 in July 2021, which was around 7% below the average July 2021 detached price in the Broadland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

16 WOODS CLOSE Sold Prices

Land registry data shows three sales for 16 WOODS 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. One of the three 16 WOODS CLOSE sales was for below the average price, whilst two 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
2021 28 JUL	£340,000	£366,724	7% below HPI
2005 13 JAN	£228,500	£215,571	6% above HPI
1996 10 APR	£88,000	£71,446	23% above HPI

16 WOODS 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 WOODS CLOSE sales between April 1996 and July 2021 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 January 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 WOODS CLOSE?

16 WOODS CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% 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 WOODS CLOSE lies on this distribution: 53% of detached houses are smaller than 16 WOODS CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 WOODS CLOSE: Plot and Title Map

16 WOODS CLOSE sits on a plot of roughly 0.421 of an acre, or 1,702m². The below map shows the location of 16 WOODS 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 WOODS 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 WOODS CLOSE?

16 WOODS CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 16 on WOODS CLOSE.