2, HARDESTY CLOSE, PORINGLAND, NORWICH, NR14 7RL - £320,000

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 HARDESTY CLOSE is a very small extended detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £382,613. It was last sold for £320,000 in September 2020, which was around 13% below the average September 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

2 HARDESTY CLOSE Sold Prices

Land registry data shows four sales for 2 HARDESTY 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 HARDESTY 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
2020 16 SEP	£320,000	£368,075	13% below HPI
2016 30 MAR	£255,000	£307,491	17% below HPI
2015 25 MAR	£190,000	£279,952	32% below HPI
1996 29 JAN	£47,000	£72,534	35% below HPI

2 HARDESTY 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 HARDESTY CLOSE sales between January 1996 and September 2020 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 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 HARDESTY CLOSE be worth now?

2 HARDESTY CLOSE might now be worth an estimated £382,613.

This is based on house price inflation of 19.6%, between September 2020 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 19.6% inflationary increase is applied to the most recent sale price for 2 HARDESTY CLOSE of £320,000 on 16th September 2020. For the value to have increased from £320,000 to £382,613 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 HARDESTY CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The September 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HARDESTY CLOSE has not materially changed since September 2020.

How Large is 2 HARDESTY CLOSE?

2 HARDESTY CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses houses in Poringland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poringland, and where 2 HARDESTY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 HARDESTY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Poringland.

2 HARDESTY CLOSE: Plot and Title Map

2 HARDESTY CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 HARDESTY 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 HARDESTY 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 HARDESTY CLOSE?

2 HARDESTY CLOSE is located in PORINGLAND, in the NR14 postcode district. The below map shows the position of No. 2 on HARDESTY CLOSE.