17, LAYER CLOSE, NORWICH, NR5 9NS - £225,000

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

17 LAYER CLOSE is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £225,000 in July 2016, which was around 35% below the average July 2016 detached price in the Norwich local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

17 LAYER CLOSE Sold Prices

Land registry data shows two sales for 17 LAYER 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 Norwich local authority area for the corresponding sale date. Both of the two 17 LAYER 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
2016 18 JUL	£225,000	£348,356	35% below HPI
2015 20 JAN	£170,000	£311,087	45% below HPI

17 LAYER 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 two 17 LAYER CLOSE sales from January 2015 and July 2016 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 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 17 LAYER CLOSE?

17 LAYER CLOSE is 97m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 17 LAYER CLOSE lies on this distribution: 38% of detached houses are smaller than 17 LAYER CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Norwich.

17 LAYER CLOSE: Plot and Title Map

17 LAYER CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 17 LAYER 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 LAYER 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 LAYER CLOSE?

17 LAYER CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 17 on LAYER CLOSE.