2, IRETON CLOSE, NORWICH, NR7 0TW - £285,000

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 IRETON CLOSE is a midsized extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £348,936. It was last sold for £285,000 in December 2019, which was around 18% below the average December 2019 detached price in the Broadland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

2 IRETON CLOSE Sold Prices

Land registry data shows four sales for 2 IRETON 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 Broadland local authority area for the corresponding sale date. All of the four 2 IRETON 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
2019 20 DEC	£285,000	£345,939	18% below HPI
2005 19 AUG	£205,000	£221,999	8% below HPI
1998 11 DEC	£77,500	£85,339	9% below HPI
1996 9 FEB	£68,000	£70,105	3% below HPI

2 IRETON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four 2 IRETON CLOSE sales between February 1996 and December 2019 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 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 IRETON CLOSE be worth now?

2 IRETON CLOSE might now be worth an estimated £348,936.

This is based on house price inflation of 22.4%, between December 2019 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for 2 IRETON CLOSE of £285,000 on 20th December 2019. For the value to have increased from £285,000 to £348,936 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 IRETON CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 IRETON CLOSE has not materially changed since December 2019.

How Large is 2 IRETON CLOSE?

2 IRETON CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 2 IRETON CLOSE lies on this distribution: 42% of detached houses houses are smaller than 2 IRETON CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 IRETON CLOSE: Plot and Title Map

2 IRETON CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 IRETON 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 IRETON 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 IRETON CLOSE?

2 IRETON CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 2 on IRETON CLOSE.