21, OWENS CLOSE, LONG STRATTON, NORWICH, NR15 2TX - £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

21 OWENS CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £230,000 in March 2024, which was around 44% below the average March 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

21 OWENS CLOSE Sold Prices

Land registry data shows four sales for 21 OWENS 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 South Norfolk local authority area for the corresponding sale date. All of the four 21 OWENS 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 15 MAR	£230,000	£410,043	44% below HPI
2014 30 APR	£150,000	£250,166	40% below HPI
2002 11 JUN	£97,500	£153,486	36% below HPI
1998 22 MAY	£50,000	£80,392	38% below HPI

21 OWENS 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 four 21 OWENS CLOSE sales between May 1998 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 April 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 21 OWENS CLOSE?

21 OWENS CLOSE is 81m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 21 OWENS CLOSE lies on this distribution: 18% of detached houses are smaller than 21 OWENS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

21 OWENS CLOSE: Plot and Title Map

21 OWENS CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 21 OWENS 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 21 OWENS 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 21 OWENS CLOSE?

21 OWENS CLOSE is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 21 on OWENS CLOSE.