2, ELM CLOSE, LITTLE MELTON, NORWICH, NR9 3QY - £365,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

2 ELM CLOSE is a large detached house of 167m², built sometime between 1991 and 1995. It was last sold for £365,000 in September 2015, which was around 27% above the average September 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

2 ELM CLOSE Sold Prices

Land registry data shows three sales for 2 ELM 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 ELM 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
2015 14 SEP	£365,000	£286,821	27% above HPI
2002 16 AUG	£249,950	£165,381	51% above HPI
1998 27 JUL	£134,000	£84,337	59% above HPI

2 ELM 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 ELM CLOSE sales between July 1998 and September 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 August 2002 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2015 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 ELM CLOSE?

2 ELM CLOSE is 167m² according to the EPC inspection conducted in June 2022. This puts it in the largest 30% 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 2 ELM CLOSE lies on this distribution: 77% of detached houses are smaller than 2 ELM CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

2 ELM CLOSE: Plot and Title Map

2 ELM CLOSE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 2 ELM 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 ELM 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 ELM CLOSE?

2 ELM CLOSE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 2 on ELM CLOSE.