2, GROVEDALE CLOSE, NORWICH, NR5 0HT - £168,500

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 GROVEDALE CLOSE is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £168,500 in July 2012, which was around 28% below the average July 2012 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

2 GROVEDALE CLOSE Sold Prices

Land registry data shows four sales for 2 GROVEDALE 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 GROVEDALE 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
2012 20 JUL	£168,500	£235,121	28% below HPI
2007 5 APR	£173,000	£250,023	31% below HPI
2005 29 APR	£145,000	£215,195	33% below HPI
1998 29 MAY	£44,500	£80,392	45% below HPI

2 GROVEDALE 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 GROVEDALE CLOSE sales between May 1998 and July 2012 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 April 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2012 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 GROVEDALE CLOSE?

2 GROVEDALE CLOSE is 92m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 GROVEDALE CLOSE lies on this distribution: 32% of detached houses are smaller than 2 GROVEDALE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 GROVEDALE CLOSE: Plot and Title Map

2 GROVEDALE CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 GROVEDALE 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 GROVEDALE 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 GROVEDALE CLOSE?

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