2, WREN CLOSE, NORWICH, NR4 7NR - £322,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WREN CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £321,793. It was last sold for £322,500 in March 2024, which was around 30% below the average March 2024 detached price in the Norwich local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

2 WREN CLOSE Sold Prices

Land registry data shows two sales for 2 WREN 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 Norwich local authority area for the corresponding sale date. Both of the two 2 WREN 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
2024 22 MAR	£322,500	£463,094	30% below HPI
2014 1 AUG	£205,000	£318,815	36% below HPI

2 WREN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 2 WREN CLOSE sales from August 2014 and March 2024 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 August 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 WREN CLOSE be worth now?

2 WREN CLOSE might now be worth an estimated £321,793.

This is based on house price deflation of 0.2%, between March 2024 and February 2025, for detached houses, in the Norwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% deflationary decrease is applied to the most recent sale price for 2 WREN CLOSE of £322,500 on 22nd March 2024. For the value to have decreased from £322,500 to £321,793 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 2 WREN CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The March 2024 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WREN CLOSE has not materially changed since March 2024.

How Large is 2 WREN CLOSE?

2 WREN CLOSE is 61m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 2 WREN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 WREN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Norwich.

2 WREN CLOSE: Plot and Title Map

2 WREN CLOSE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 2 WREN 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 WREN 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 WREN CLOSE?

2 WREN CLOSE is located in NORWICH, in the NR4 postcode district. The below map shows the position of No. 2 on WREN CLOSE.