2, SUMMER CLOSE, FRAMINGHAM EARL, NORWICH, NR14 7TN - £340,000

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 SUMMER CLOSE is a midsized detached house of 122m². It was last sold for £340,000 in April 2019, which was about the average April 2019 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

2 SUMMER CLOSE Sold Prices

Land registry data shows two sales for 2 SUMMER 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. One of the two 2 SUMMER CLOSE sales was roughly equal to the average price, whilst the other was 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
2019 23 APR	£340,000	£340,598	Close to HPI
2011 28 FEB	£295,000	£230,315	28% above HPI

2 SUMMER 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 SUMMER CLOSE sales from February 2011 and April 2019 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 February 2011 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the April 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 SUMMER CLOSE?

2 SUMMER CLOSE is 122m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of detached houses in Framingham Earl, based on EPC data. The below chart shows the distribution of detached houses by size in Framingham Earl, and where 2 SUMMER CLOSE lies on this distribution: 53% of detached houses are smaller than 2 SUMMER CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Framingham Earl.

2 SUMMER CLOSE: Plot and Title Map

2 SUMMER CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 SUMMER 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 SUMMER 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 SUMMER CLOSE?

2 SUMMER CLOSE is located in FRAMINGHAM EARL, in the NR14 postcode district. The below map shows the position of No. 2 on SUMMER CLOSE.