17, BROOM CLOSE, TAVERHAM, NORWICH, NR8 6FS - £307,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 BROOM CLOSE is a very large extended detached house of 194m², built sometime between 1991 and 1995, which could now be worth an estimated £486,600. It was last sold for £307,000 in August 2014, which was around 13% above the average August 2014 detached price in the Broadland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

17 BROOM CLOSE Sold Prices

Land registry data shows three sales for 17 BROOM 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. The three 17 BROOM CLOSE sales were a mix of above the average price, and roughly equal to 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
2014 1 AUG	£307,000	£270,850	13% above HPI
2007 27 JUL	£255,000	£254,093	Close to HPI
1998 4 DEC	£92,500	£85,339	8% above HPI

17 BROOM 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 17 BROOM CLOSE sales between December 1998 and August 2014 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 July 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 17 BROOM CLOSE be worth now?

17 BROOM CLOSE might now be worth an estimated £486,600.

This is based on house price inflation of 58.5%, between August 2014 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.5% inflationary increase is applied to the most recent sale price for 17 BROOM CLOSE of £307,000 on 1st August 2014. For the value to have increased from £307,000 to £486,600 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 17 BROOM CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The August 2014 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BROOM CLOSE has not materially changed since August 2014.

How Large is 17 BROOM CLOSE?

17 BROOM CLOSE is 194m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 17 BROOM CLOSE lies on this distribution: 94% of detached houses houses are smaller than 17 BROOM CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Taverham.

17 BROOM CLOSE: Plot and Title Map

17 BROOM CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 17 BROOM 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 17 BROOM 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 17 BROOM CLOSE?

17 BROOM CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 17 on BROOM CLOSE.