2, MEADOW CLOSE, THURLTON, NORWICH, NR14 6RQ - £165,000

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 MEADOW CLOSE is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £165,000 in August 2007, which was around 36% below the average August 2007 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

2 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 2 MEADOW 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 South Norfolk local authority area for the corresponding sale date. Both of the two 2 MEADOW 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
2007 24 AUG	£165,000	£257,246	36% below HPI
2004 25 JUN	£122,000	£202,894	40% below HPI

2 MEADOW 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 two 2 MEADOW CLOSE sales from June 2004 and August 2007 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 June 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2007 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 MEADOW CLOSE?

2 MEADOW CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Thurlton, based on EPC data. The below chart shows the distribution of detached houses by size in Thurlton, and where 2 MEADOW CLOSE lies on this distribution: 19% of detached houses are smaller than 2 MEADOW CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Thurlton.

2 MEADOW CLOSE: Plot and Title Map

2 MEADOW CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 2 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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