2, PISHMIRE CLOSE, NORWICH, NR5 9PU - £249,000

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 PISHMIRE CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £287,152. It was last sold for £249,000 in December 2018, which was around 38% below the average December 2018 detached price in the Norwich 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 PISHMIRE CLOSE Sold Prices

Land registry data shows three sales for 2 PISHMIRE 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 Norwich local authority area for the corresponding sale date. All of the three 2 PISHMIRE 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
2018 14 DEC	£249,000	£400,685	38% below HPI
2016 22 APR	£220,000	£354,350	38% below HPI
2005 30 SEP	£158,950	£245,490	35% below HPI

2 PISHMIRE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The three 2 PISHMIRE CLOSE sales between September 2005 and December 2018 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 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2018 sale, which was also at 38% below the HPI.

What might 2 PISHMIRE CLOSE be worth now?

2 PISHMIRE CLOSE might now be worth an estimated £287,152.

This is based on house price inflation of 15.3%, between December 2018 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 2 PISHMIRE CLOSE of £249,000 on 14th December 2018. For the value to have increased from £249,000 to £287,152 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PISHMIRE CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The December 2018 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PISHMIRE CLOSE has not materially changed since December 2018.

How Large is 2 PISHMIRE CLOSE?

2 PISHMIRE CLOSE is 71m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 PISHMIRE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 2 PISHMIRE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 PISHMIRE CLOSE: Plot and Title Map

2 PISHMIRE CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 2 PISHMIRE 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 PISHMIRE 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 PISHMIRE CLOSE?

2 PISHMIRE CLOSE is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 2 on PISHMIRE CLOSE.