2, WOODS CLOSE, NORWICH, NR6 5JN - £190,000

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 WOODS CLOSE is a very large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £190,000 in November 2014, which was around 29% below the average November 2014 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 WOODS CLOSE Sold Prices

Land registry data shows three sales for 2 WOODS 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 WOODS 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
2014 24 NOV	£190,000	£267,960	29% below HPI
2007 26 OCT	£175,000	£259,161	32% below HPI
2003 30 MAY	£136,000	£186,679	27% below HPI

2 WOODS 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 WOODS CLOSE sales between May 2003 and November 2014 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 October 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 WOODS CLOSE?

2 WOODS CLOSE is 152m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 WOODS CLOSE lies on this distribution: 82% of detached houses are smaller than 2 WOODS CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 WOODS CLOSE: Plot and Title Map

2 WOODS CLOSE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of 2 WOODS 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 WOODS 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 WOODS CLOSE?

2 WOODS CLOSE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 2 on WOODS CLOSE.