18, PARK CLOSE, BARFORD, NORWICH, NR9 4GA - £372,500

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.

18 PARK CLOSE is a midsized detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £498,325. It was last sold for £372,500 in July 2017, which was around 13% above the average July 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

18 PARK CLOSE Sold Prices

Land registry data shows three sales for 18 PARK 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. Two of the three 18 PARK CLOSE sales were for above the average price, whilst one was 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
2017 13 JUL	£372,500	£328,973	13% above HPI
2012 23 NOV	£265,000	£247,132	7% above HPI
2001 21 SEP	£135,000	£145,068	7% below HPI

18 PARK 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 PARK CLOSE sales between September 2001 and July 2017 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 November 2012 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 18 PARK CLOSE be worth now?

18 PARK CLOSE might now be worth an estimated £498,325.

This is based on house price inflation of 33.8%, between July 2017 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.8% inflationary increase is applied to the most recent sale price for 18 PARK CLOSE of £372,500 on 13th July 2017. For the value to have increased from £372,500 to £498,325 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 18 PARK CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The July 2017 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 18 PARK CLOSE has not materially changed since July 2017.

How Large is 18 PARK CLOSE?

18 PARK CLOSE is 131m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses houses in Barford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barford, and where 18 PARK CLOSE lies on this distribution: 52% of detached houses houses are smaller than 18 PARK CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Barford.

18 PARK CLOSE: Plot and Title Map

18 PARK CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 18 PARK 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 PARK 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 PARK CLOSE?

18 PARK CLOSE is located in BARFORD, in the NR9 postcode district. The below map shows the position of No. 18 on PARK CLOSE.