2, MEAD CLOSE, BUXTON, NORWICH, NR10 5EL - £166,500

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 MEAD CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £285,174. It was last sold for £166,500 in January 2014, which was around 34% below the average January 2014 detached price in the Broadland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

2 MEAD CLOSE Sold Prices

Land registry data shows two sales for 2 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 2 MEAD 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
2014 3 JAN	£166,500	£250,650	34% below HPI
1996 15 NOV	£48,950	£73,477	33% below HPI

2 MEAD 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 two 2 MEAD CLOSE sales from November 1996 and January 2014 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 November 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 MEAD CLOSE be worth now?

2 MEAD CLOSE might now be worth an estimated £285,174.

This is based on house price inflation of 71.3%, between January 2014 and December 2024, 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 71.3% inflationary increase is applied to the most recent sale price for 2 MEAD CLOSE of £166,500 on 3rd January 2014. For the value to have increased from £166,500 to £285,174 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 2 MEAD CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The January 2014 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MEAD CLOSE has not materially changed since January 2014.

How Large is 2 MEAD CLOSE?

2 MEAD CLOSE is 76m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses houses in Buxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buxton, and where 2 MEAD CLOSE lies on this distribution: 10% of detached houses houses are smaller than 2 MEAD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Buxton.

2 MEAD CLOSE: Plot and Title Map

2 MEAD CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 2 MEAD 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 MEAD 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 MEAD CLOSE?

2 MEAD CLOSE is located in BUXTON, in the NR10 postcode district. The below map shows the position of No. 2 on MEAD CLOSE.