2, DOW CLOSE, NORWICH, NR5 9HW - £280,000

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

2 DOW CLOSE is a large extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £280,000 in August 2017, which was around 23% below the average August 2017 detached price in the Norwich local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

2 DOW CLOSE Sold Prices

Land registry data shows two sales for 2 DOW 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 DOW 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
2017 30 AUG	£280,000	£363,679	23% below HPI
2001 28 SEP	£132,500	£142,562	7% below HPI

2 DOW 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 DOW CLOSE sales from September 2001 and August 2017 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 September 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 DOW CLOSE?

2 DOW CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2 DOW CLOSE lies on this distribution: 61% of detached houses are smaller than 2 DOW CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 DOW CLOSE: Plot and Title Map

2 DOW CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 2 DOW 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 DOW 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 DOW CLOSE?

2 DOW CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 2 on DOW CLOSE.