2, PIGHTLE CLOSE, MULBARTON, NORWICH, NR14 8GJ - £340,000

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 PIGHTLE CLOSE is a large detached house of 138m², built sometime between 2003 and 2006, which could now be worth an estimated £506,104. It was last sold for £340,000 in October 2015, which was around 15% above the average October 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

2 PIGHTLE CLOSE Sold Prices

Land registry data shows three sales for 2 PIGHTLE 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. All of the three 2 PIGHTLE CLOSE sales were for above 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
2015 21 OCT	£340,000	£295,655	15% above HPI
2007 5 APR	£289,950	£257,858	12% above HPI
2004 8 OCT	£289,995	£232,595	25% above HPI

2 PIGHTLE 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 PIGHTLE CLOSE sales between October 2004 and October 2015 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 April 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 PIGHTLE CLOSE be worth now?

2 PIGHTLE CLOSE might now be worth an estimated £506,104.

This is based on house price inflation of 48.9%, between October 2015 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 48.9% inflationary increase is applied to the most recent sale price for 2 PIGHTLE CLOSE of £340,000 on 21st October 2015. For the value to have increased from £340,000 to £506,104 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 PIGHTLE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The October 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PIGHTLE CLOSE has not materially changed since October 2015.

How Large is 2 PIGHTLE CLOSE?

2 PIGHTLE CLOSE is 138m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 2 PIGHTLE CLOSE lies on this distribution: 63% of detached houses houses are smaller than 2 PIGHTLE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

2 PIGHTLE CLOSE: Plot and Title Map

2 PIGHTLE CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 PIGHTLE 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 PIGHTLE 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 PIGHTLE CLOSE?

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