2, SEWELLS CLOSE, NEWTON FLOTMAN, NORWICH, NR15 1PX - £326,000

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 SEWELLS CLOSE is a midsized extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £367,211. It was last sold for £326,000 in June 2021, which was around 15% below the average June 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

2 SEWELLS CLOSE Sold Prices

Land registry data shows two sales for 2 SEWELLS 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 SEWELLS 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
2021 1 JUN	£326,000	£382,966	15% below HPI
2018 14 MAY	£225,000	£341,082	34% below HPI

2 SEWELLS 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 SEWELLS CLOSE sales from May 2018 and June 2021 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 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 SEWELLS CLOSE be worth now?

2 SEWELLS CLOSE might now be worth an estimated £367,211.

This is based on house price inflation of 12.6%, between June 2021 and December 2024, 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 12.6% inflationary increase is applied to the most recent sale price for 2 SEWELLS CLOSE of £326,000 on 1st June 2021. For the value to have increased from £326,000 to £367,211 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 2 SEWELLS CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The June 2021 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SEWELLS CLOSE has not materially changed since June 2021.

How Large is 2 SEWELLS CLOSE?

2 SEWELLS CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 50% of detached houses houses in Newton Flotman, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Flotman, and where 2 SEWELLS CLOSE lies on this distribution: 58% of detached houses houses are smaller than 2 SEWELLS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Newton Flotman.

2 SEWELLS CLOSE: Plot and Title Map

2 SEWELLS CLOSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 2 SEWELLS 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 SEWELLS 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 SEWELLS CLOSE?

2 SEWELLS CLOSE is located in NEWTON FLOTMAN, in the NR15 postcode district. The below map shows the position of No. 2 on SEWELLS CLOSE.