19, GIBBS CLOSE, LITTLE MELTON, NORWICH, NR9 3NU - £445,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

19 GIBBS CLOSE is a very large extended detached house of 231m², built sometime between 1996 and 2002. It was last sold for £445,000 in October 2014, which was around 61% above the average October 2014 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

19 GIBBS CLOSE Sold Prices

Land registry data shows three sales for 19 GIBBS 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 19 GIBBS 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
2014 17 OCT	£445,000	£276,824	61% above HPI
2003 14 APR	£285,000	£178,243	60% above HPI
2000 25 AUG	£204,000	£115,399	77% above HPI

19 GIBBS 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 19 GIBBS CLOSE sales between August 2000 and October 2014 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 April 2003 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2014 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 19 GIBBS CLOSE?

19 GIBBS CLOSE is 231m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 19 GIBBS CLOSE lies on this distribution: 95% of detached houses are smaller than 19 GIBBS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

19 GIBBS CLOSE: Plot and Title Map

19 GIBBS CLOSE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 19 GIBBS 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 19 GIBBS 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 19 GIBBS CLOSE?

19 GIBBS CLOSE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 19 on GIBBS CLOSE.