17, NEWCASTLE CLOSE, NORWICH, NR7 0TJ - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 NEWCASTLE CLOSE is a small extended detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £274,098. 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.

17 NEWCASTLE CLOSE Sold Prices

Land registry data shows four sales for 17 NEWCASTLE 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 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	£409,488	35% below HPI
2013 26 JUL	£170,000	£250,185	32% below HPI
2007 16 MAR	£178,500	£249,062	28% below HPI
1995 22 SEP	£57,995	£76,172	24% below HPI

17 NEWCASTLE 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 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 32% below the HPI. So the extrapolation line tracks at 32% 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.

What might 17 NEWCASTLE CLOSE be worth now?

17 NEWCASTLE CLOSE might now be worth an estimated £274,098.

This is based on house price inflation of 3.4%, between May 2022 and February 2025, 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 3.4% inflationary increase is applied to the most recent sale price for 17 NEWCASTLE CLOSE of £265,000 on 6th May 2022. For the value to have increased from £265,000 to £274,098 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 17 NEWCASTLE CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The May 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 17 NEWCASTLE CLOSE has not materially changed since May 2022.

How Large is 17 NEWCASTLE CLOSE?

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 houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 17 NEWCASTLE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 17 NEWCASTLE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Norwich.

17 NEWCASTLE CLOSE: Plot and Title Map

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.

Where is 17 NEWCASTLE CLOSE?

17 NEWCASTLE CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 17 on NEWCASTLE CLOSE.