23, LAKELAND CLOSE, LITTLE PLUMSTEAD, NORWICH, NR13 5FF - £328,500

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 LAKELAND CLOSE is a midsized extended detached house of 116m², built sometime from 2007 onwards, which could now be worth an estimated £412,100. It was last sold for £328,500 in March 2018, which was around 3% below the average March 2018 detached price in the Broadland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was B, and the potential energy rating was B.

23 LAKELAND CLOSE Sold Prices

Land registry data shows five sales for 23 LAKELAND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. The five 23 LAKELAND CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2018 16 MAR	£328,500	£337,624	3% below HPI
2014 24 OCT	£275,000	£272,160	1% above HPI
2014 11 MAR	£235,000	£255,651	8% below HPI
2011 4 NOV	£225,000	£235,593	4% below HPI
2007 19 FEB	£250,000	£248,914	Close to HPI

23 LAKELAND 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 five 23 LAKELAND CLOSE sales between February 2007 and March 2018 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 October 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 23 LAKELAND CLOSE be worth now?

23 LAKELAND CLOSE might now be worth an estimated £412,100.

This is based on house price inflation of 25.4%, between March 2018 and February 2025, 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 25.4% inflationary increase is applied to the most recent sale price for 23 LAKELAND CLOSE of £328,500 on 16th March 2018. For the value to have increased from £328,500 to £412,100 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 23 LAKELAND CLOSE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The March 2018 sale price of £328,500 represented a fair market value for the property.
• The size, condition, and specification of 23 LAKELAND CLOSE has not materially changed since March 2018.

How Large is 23 LAKELAND CLOSE?

23 LAKELAND CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses houses in Little Plumstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Plumstead, and where 23 LAKELAND CLOSE lies on this distribution: 51% of detached houses houses are smaller than 23 LAKELAND CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

23 LAKELAND CLOSE: Plot and Title Map

23 LAKELAND CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 23 LAKELAND 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 LAKELAND 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 LAKELAND CLOSE?

23 LAKELAND CLOSE is located in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of No. 23 on LAKELAND CLOSE.