21, STEEPGREEN CLOSE, NORWICH, NR1 4NF - £358,000

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.

21 STEEPGREEN CLOSE is a midsized extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £409,755. It was last sold for £358,000 in October 2020, which was around 11% below the average October 2020 detached price in the Norwich local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

21 STEEPGREEN CLOSE Sold Prices

Land registry data shows two sales for 21 STEEPGREEN 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 21 STEEPGREEN 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 20 OCT	£358,000	£403,715	11% below HPI
2018 31 AUG	£185,000	£390,163	53% below HPI

21 STEEPGREEN 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 21 STEEPGREEN CLOSE sales from August 2018 and October 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 August 2018 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 21 STEEPGREEN CLOSE be worth now?

21 STEEPGREEN CLOSE might now be worth an estimated £409,755.

This is based on house price inflation of 14.5%, between October 2020 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 14.5% inflationary increase is applied to the most recent sale price for 21 STEEPGREEN CLOSE of £358,000 on 20th October 2020. For the value to have increased from £358,000 to £409,755 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 21 STEEPGREEN CLOSE has moved in line with the HPI for detached houses in the Norwich local authority area.
• The October 2020 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 21 STEEPGREEN CLOSE has not materially changed since October 2020.

How Large is 21 STEEPGREEN CLOSE?

21 STEEPGREEN CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% 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 21 STEEPGREEN CLOSE lies on this distribution: 51% of detached houses houses are smaller than 21 STEEPGREEN CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Norwich.

21 STEEPGREEN CLOSE: Plot and Title Map

21 STEEPGREEN CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 21 STEEPGREEN 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 STEEPGREEN 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 STEEPGREEN CLOSE?

21 STEEPGREEN CLOSE is located in NORWICH, in the NR1 postcode district. The below map shows the position of No. 21 on STEEPGREEN CLOSE.