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 NEWCASTLE CLOSE is a small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £265,000 in May 2022, which was around 35% below the average May 2022 detached price in the Broadland local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 17 NEWCASTLE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 17 NEWCASTLE 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 |
---|---|---|---|
2022 6 MAY | £265,000 | £405,424 | 35% below HPI |
2013 26 JUL | £170,000 | £247,702 | 31% below HPI |
2007 16 MAR | £178,500 | £246,590 | 28% below HPI |
1995 22 SEP | £57,995 | £75,417 | 23% below HPI |
The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 17 NEWCASTLE CLOSE sales between September 1995 and May 2022 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 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
17 NEWCASTLE CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% 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 NEWCASTLE CLOSE lies on this distribution: 24% of detached houses are smaller than 17 NEWCASTLE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Norwich.
17 NEWCASTLE CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 17 NEWCASTLE 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 NEWCASTLE 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.
17 NEWCASTLE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 17 on NEWCASTLE CLOSE.