2, PYM CLOSE, NORWICH, NR7 0QP - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 PYM CLOSE is a large detached house of 119m², built sometime between 1996 and 2002. It was last sold for £305,000 in February 2018, which was around 8% below the average February 2018 detached price in the Broadland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

2 PYM CLOSE Sold Prices

Land registry data shows four sales for 2 PYM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. two of the four 2 PYM CLOSE sales were for below the average price, and four 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
2018 16 FEB	£305,000	£330,282	8% below HPI
2015 15 MAY	£280,000	£277,040	1% above HPI
2008 28 FEB	£231,000	£259,404	11% below HPI
2001 30 JAN	£123,000	£117,205	5% above HPI

2 PYM 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 four 2 PYM CLOSE sales between January 2001 and February 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 May 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 PYM CLOSE?

2 PYM CLOSE is 119m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 2 PYM CLOSE lies on this distribution: 62% of detached houses are smaller than 2 PYM CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 PYM CLOSE: Plot and Title Map

2 PYM CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 PYM 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 PYM 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 PYM CLOSE?

2 PYM CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 2 on PYM CLOSE.