22, PENN CLOSE, TAVERHAM, NORWICH, NR8 6NL - £147,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 PENN CLOSE is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £147,000 in October 2012, which was around 40% below the average October 2012 detached price in the Broadland local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

22 PENN CLOSE Sold Prices

Land registry data shows two sales for 22 PENN 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 Broadland local authority area for the corresponding sale date. Both of the two 22 PENN 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
2012 10 OCT	£147,000	£243,414	40% below HPI
2003 12 SEP	£130,000	£198,807	35% below HPI

22 PENN 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 two 22 PENN CLOSE sales from September 2003 and October 2012 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 September 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 22 PENN CLOSE?

22 PENN CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses by size in Taverham, and where 22 PENN CLOSE lies on this distribution: 33% of detached houses are smaller than 22 PENN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Taverham.

22 PENN CLOSE: Plot and Title Map

22 PENN CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 22 PENN 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 22 PENN 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 22 PENN CLOSE?

22 PENN CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 22 on PENN CLOSE.