2, ALFRIC CLOSE, LODDON, NORWICH, NR14 6TW - £235,000

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

2 ALFRIC CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £235,000 in August 2020, which was around 33% below the average August 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

2 ALFRIC CLOSE Sold Prices

Land registry data shows three sales for 2 ALFRIC 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 2 ALFRIC 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
2020 7 AUG	£235,000	£352,423	33% below HPI
2018 9 MAR	£190,000	£327,883	42% below HPI
1996 6 SEP	£59,950	£76,551	22% below HPI

2 ALFRIC 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 2 ALFRIC CLOSE sales between September 1996 and August 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 March 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 ALFRIC CLOSE?

2 ALFRIC CLOSE is 71m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Loddon, based on EPC data. The below chart shows the distribution of detached houses by size in Loddon, and where 2 ALFRIC CLOSE lies on this distribution: 6% of detached houses are smaller than 2 ALFRIC CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Loddon.

2 ALFRIC CLOSE: Plot and Title Map

2 ALFRIC CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 ALFRIC 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 2 ALFRIC 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 2 ALFRIC CLOSE?

2 ALFRIC CLOSE is located in LODDON, in the NR14 postcode district. The below map shows the position of No. 2 on ALFRIC CLOSE.