20, GIBBS CLOSE, LITTLE MELTON, NORWICH, NR9 3NU - £291,000

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

20 GIBBS CLOSE is a midsized detached house of 142m², built sometime between 2003 and 2006. It was last sold for £291,000 in December 2005, which was around 28% above the average December 2005 detached price in the South Norfolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

20 GIBBS CLOSE Sold Prices

Land registry data shows two sales for 20 GIBBS 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. Both of the two 20 GIBBS 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
2005 21 DEC	£291,000	£226,999	28% above HPI
2000 4 AUG	£176,000	£115,399	53% above HPI

20 GIBBS 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 20 GIBBS CLOSE sales from August 2000 and December 2005 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 2000 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2005 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 20 GIBBS CLOSE?

20 GIBBS CLOSE is 142m² according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses by size in Little Melton, and where 20 GIBBS CLOSE lies on this distribution: 58% of detached houses are smaller than 20 GIBBS CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

20 GIBBS CLOSE: Plot and Title Map

20 GIBBS CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 20 GIBBS 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 20 GIBBS 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 20 GIBBS CLOSE?

20 GIBBS CLOSE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 20 on GIBBS CLOSE.