2, WOODCROFT CLOSE, NORWICH, NR7 9HS - £230,000

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 WOODCROFT CLOSE is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £230,000 in September 2020, which was around 36% below the average September 2020 detached price in the Broadland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

2 WOODCROFT CLOSE Sold Prices

Land registry data shows three sales for 2 WOODCROFT 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 Broadland local authority area for the corresponding sale date. All of the three 2 WOODCROFT 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
2020 17 SEP	£230,000	£359,153	36% below HPI
2012 26 APR	£167,000	£242,804	31% below HPI
2003 23 MAY	£106,000	£186,679	43% below HPI

2 WOODCROFT 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 three 2 WOODCROFT CLOSE sales between May 2003 and September 2020 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 WOODCROFT CLOSE?

2 WOODCROFT CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% 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 WOODCROFT CLOSE lies on this distribution: 12% of detached houses are smaller than 2 WOODCROFT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 WOODCROFT CLOSE: Plot and Title Map

2 WOODCROFT CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 WOODCROFT 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 WOODCROFT 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 WOODCROFT CLOSE?

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