18, POUND CLOSE, BANHAM, NORWICH, NR16 2SY - £278,000

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 POUND CLOSE is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £278,000 in April 2019, which was around 7% below the average April 2019 detached price in the Breckland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was D.

18 POUND CLOSE Sold Prices

Land registry data shows two sales for 18 POUND 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 Breckland local authority area for the corresponding sale date. One of the two 18 POUND CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2019 5 APR	£278,000	£297,618	7% below HPI
2000 24 MAR	£95,000	£95,384	Close to HPI

18 POUND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 18 POUND CLOSE sales from March 2000 and April 2019 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 March 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 POUND CLOSE?

18 POUND CLOSE is 102m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Banham, based on EPC data. The below chart shows the distribution of detached houses by size in Banham, and where 18 POUND CLOSE lies on this distribution: 42% of detached houses are smaller than 18 POUND CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Banham.

18 POUND CLOSE: Plot and Title Map

18 POUND CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 18 POUND 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 POUND 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 POUND CLOSE?

18 POUND CLOSE is located in BANHAM, in the NR16 postcode district. The below map shows the position of No. 18 on POUND CLOSE.