2, ELAN CLOSE, WYMONDHAM, NR18 9LW - £247,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ELAN CLOSE is a small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £378,857. It was last sold for £247,000 in August 2015, which was around 14% below the average August 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

2 ELAN CLOSE Sold Prices

Land registry data shows four sales for 2 ELAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the four 2 ELAN 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
2015 19 AUG	£247,000	£286,925	14% below HPI
2006 15 DEC	£216,500	£251,140	14% below HPI
2001 10 SEP	£109,950	£145,068	24% below HPI
1998 13 OCT	£80,000	£92,370	13% below HPI

2 ELAN 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 four 2 ELAN CLOSE sales between October 1998 and August 2015 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 December 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2015 sale, which was also at 14% below the HPI.

What might 2 ELAN CLOSE be worth now?

2 ELAN CLOSE might now be worth an estimated £378,857.

This is based on house price inflation of 53.4%, between August 2015 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 53.4% inflationary increase is applied to the most recent sale price for 2 ELAN CLOSE of £247,000 on 19th August 2015. For the value to have increased from £247,000 to £378,857 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 2 ELAN CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The August 2015 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELAN CLOSE has not materially changed since August 2015.

How Large is 2 ELAN CLOSE?

2 ELAN CLOSE is 90m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 2 ELAN CLOSE lies on this distribution: 31% of detached houses houses are smaller than 2 ELAN CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

2 ELAN CLOSE: Plot and Title Map

2 ELAN CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 ELAN 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 ELAN 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 ELAN CLOSE?

2 ELAN CLOSE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 2 on ELAN CLOSE.