18, SUMMER CLOSE, FRAMINGHAM EARL, NORWICH, NR14 7TN - £510,000

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.

18 SUMMER CLOSE is a very large detached house of 174m², which could now be worth an estimated £609,790. It was last sold for £510,000 in September 2020, which was around 39% above the average September 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

18 SUMMER CLOSE Sold Prices

Land registry data shows two sales for 18 SUMMER 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 South Norfolk local authority area for the corresponding sale date. Both of the two 18 SUMMER CLOSE sales were for above 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
2020 14 SEP	£510,000	£368,075	39% above HPI
2013 8 JUL	£415,000	£247,694	68% above HPI

18 SUMMER 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 two 18 SUMMER CLOSE sales from July 2013 and September 2020 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 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2020 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 18 SUMMER CLOSE be worth now?

18 SUMMER CLOSE might now be worth an estimated £609,790.

This is based on house price inflation of 19.6%, between September 2020 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 19.6% inflationary increase is applied to the most recent sale price for 18 SUMMER CLOSE of £510,000 on 14th September 2020. For the value to have increased from £510,000 to £609,790 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 SUMMER CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2020 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SUMMER CLOSE has not materially changed since September 2020.

How Large is 18 SUMMER CLOSE?

18 SUMMER CLOSE is 174m² according to the EPC inspection conducted in November 2012. This puts it in the largest 20% of detached houses houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses houses by size in Framingham Earl, and where 18 SUMMER CLOSE lies on this distribution: 87% of detached houses houses are smaller than 18 SUMMER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

18 SUMMER CLOSE: Plot and Title Map

18 SUMMER CLOSE sits on a plot of roughly 0.317 of an acre, or 1,281m². The below map shows the location of 18 SUMMER 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 SUMMER 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 SUMMER CLOSE?

18 SUMMER CLOSE is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 18 on SUMMER CLOSE.