2, OAKWOOD CLOSE, EASTON, NORWICH, NR9 5EX - £407,500

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 OAKWOOD CLOSE is a midsized detached house of 107m², which could now be worth an estimated £446,801. It was last sold for £407,500 in May 2024, which was around 2% above the average May 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

2 OAKWOOD CLOSE Sold Prices

Land registry data shows three sales for 2 OAKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the three 2 OAKWOOD CLOSE sales was for above the average price, whilst two 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
2024 23 MAY	£407,500	£401,384	2% above HPI
2019 24 JUL	£315,000	£342,431	8% below HPI
2017 9 NOV	£320,000	£339,801	6% below HPI

2 OAKWOOD 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 three 2 OAKWOOD CLOSE sales between November 2017 and May 2024 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 July 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 OAKWOOD CLOSE be worth now?

2 OAKWOOD CLOSE might now be worth an estimated £446,801.

This is based on house price inflation of 9.6%, between May 2024 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 9.6% inflationary increase is applied to the most recent sale price for 2 OAKWOOD CLOSE of £407,500 on 23rd May 2024. For the value to have increased from £407,500 to £446,801 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 2 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The May 2024 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKWOOD CLOSE has not materially changed since May 2024.

How Large is 2 OAKWOOD CLOSE?

2 OAKWOOD CLOSE is 107m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses houses in Easton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easton, and where 2 OAKWOOD CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 OAKWOOD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Easton.

2 OAKWOOD CLOSE: Plot and Title Map

2 OAKWOOD CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 2 OAKWOOD 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 OAKWOOD 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 OAKWOOD CLOSE?

2 OAKWOOD CLOSE is located in EASTON, in the NR9 postcode district. The below map shows the position of No. 2 on OAKWOOD CLOSE.