2, WALNUT CLOSE, TAVERHAM, NORWICH, NR8 6YN - £320,000

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 WALNUT CLOSE is a large extended detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £459,503. It was last sold for £320,000 in October 2015, which was around 7% above the average October 2015 detached price in the Broadland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

2 WALNUT CLOSE Sold Prices

Land registry data shows four sales for 2 WALNUT 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. All of the four 2 WALNUT 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 27 OCT	£320,000	£298,968	7% above HPI
2007 12 NOV	£275,000	£256,601	7% above HPI
2006 7 AUG	£271,000	£237,885	14% above HPI
1998 9 OCT	£102,000	£88,012	16% above HPI

2 WALNUT 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 WALNUT CLOSE sales between October 1998 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 November 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2015 sale, which was also at 7% above the HPI.

What might 2 WALNUT CLOSE be worth now?

2 WALNUT CLOSE might now be worth an estimated £459,503.

This is based on house price inflation of 43.6%, between October 2015 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.6% inflationary increase is applied to the most recent sale price for 2 WALNUT CLOSE of £320,000 on 27th October 2015. For the value to have increased from £320,000 to £459,503 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 WALNUT CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2015 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALNUT CLOSE has not materially changed since October 2015.

How Large is 2 WALNUT CLOSE?

2 WALNUT CLOSE is 133m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 2 WALNUT CLOSE lies on this distribution: 70% of detached houses houses are smaller than 2 WALNUT CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Taverham.

2 WALNUT CLOSE: Plot and Title Map

2 WALNUT CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 2 WALNUT 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 WALNUT 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 WALNUT CLOSE?

2 WALNUT CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 2 on WALNUT CLOSE.