23, CYPRESS CLOSE, TAVERHAM, NORWICH, NR8 6QG - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 CYPRESS CLOSE is a large detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £394,347. It was last sold for £250,000 in October 2014, which was around 8% below the average October 2014 detached price in the Broadland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

23 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 23 CYPRESS 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 23 CYPRESS 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
2014 10 OCT	£250,000	£272,160	8% below HPI
2010 7 APR	£206,250	£241,340	15% below HPI

23 CYPRESS 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 23 CYPRESS CLOSE sales from April 2010 and October 2014 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 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 23 CYPRESS CLOSE be worth now?

23 CYPRESS CLOSE might now be worth an estimated £394,347.

This is based on house price inflation of 57.7%, between October 2014 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.7% inflationary increase is applied to the most recent sale price for 23 CYPRESS CLOSE of £250,000 on 10th October 2014. For the value to have increased from £250,000 to £394,347 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 23 CYPRESS CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The October 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CYPRESS CLOSE has not materially changed since October 2014.

How Large is 23 CYPRESS CLOSE?

23 CYPRESS CLOSE is 127m² according to the EPC inspection conducted in May 2009. This puts it in the largest 40% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 23 CYPRESS CLOSE lies on this distribution: 64% of detached houses houses are smaller than 23 CYPRESS CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Taverham.

23 CYPRESS CLOSE: Plot and Title Map

23 CYPRESS CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 23 CYPRESS 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 23 CYPRESS 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 23 CYPRESS CLOSE?

23 CYPRESS CLOSE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 23 on CYPRESS CLOSE.