2, DACRE CLOSE, NORWICH, NR4 7NS - £323,000

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.

2 DACRE CLOSE is a midsized extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £379,803. It was last sold for £323,000 in September 2018, which was around 18% below the average September 2018 detached price in the Norwich local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

2 DACRE CLOSE Sold Prices

Land registry data shows two sales for 2 DACRE 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 Norwich local authority area for the corresponding sale date. Both of the two 2 DACRE 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
2018 20 SEP	£323,000	£392,971	18% below HPI
2010 19 MAR	£225,000	£267,115	16% below HPI

2 DACRE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 2 DACRE CLOSE sales from March 2010 and September 2018 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 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 DACRE CLOSE be worth now?

2 DACRE CLOSE might now be worth an estimated £379,803.

This is based on house price inflation of 17.6%, between September 2018 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 2 DACRE CLOSE of £323,000 on 20th September 2018. For the value to have increased from £323,000 to £379,803 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 DACRE CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The September 2018 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DACRE CLOSE has not materially changed since September 2018.

How Large is 2 DACRE CLOSE?

2 DACRE CLOSE is 106m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 2 DACRE CLOSE lies on this distribution: 46% of detached houses houses are smaller than 2 DACRE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 DACRE CLOSE: Plot and Title Map

2 DACRE CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 2 DACRE 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 DACRE 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 DACRE CLOSE?

2 DACRE CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 2 on DACRE CLOSE.