18, GURNEY CLOSE, NORWICH, NR5 0HB - £310,000

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

18 GURNEY CLOSE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £310,000 in August 2023, which was around 24% below the average August 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

18 GURNEY CLOSE Sold Prices

Land registry data shows three sales for 18 GURNEY 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 South Norfolk local authority area for the corresponding sale date. All of the three 18 GURNEY 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
2023 18 AUG	£310,000	£410,472	24% below HPI
2019 18 FEB	£237,500	£344,117	31% below HPI
2007 9 MAR	£166,500	£248,079	33% below HPI

18 GURNEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 18 GURNEY CLOSE sales between March 2007 and August 2023 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 February 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 18 GURNEY CLOSE?

18 GURNEY CLOSE is 67m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 18 GURNEY CLOSE lies on this distribution: 7% of detached houses are smaller than 18 GURNEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Norwich.

18 GURNEY CLOSE: Plot and Title Map

18 GURNEY CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 18 GURNEY 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 18 GURNEY 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 18 GURNEY CLOSE?

18 GURNEY CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 18 on GURNEY CLOSE.