23, LAUD CLOSE, NORWICH, NR7 0TN - £250,000

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

23 LAUD CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £250,000 in February 2020, which was around 27% below the average February 2020 detached price in the Broadland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

23 LAUD CLOSE Sold Prices

Land registry data shows four sales for 23 LAUD 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 Broadland local authority area for the corresponding sale date. All of the four 23 LAUD 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 14 FEB	£250,000	£344,069	27% below HPI
2007 13 JUL	£192,000	£251,572	24% below HPI
2003 19 DEC	£146,500	£193,979	24% below HPI
2002 12 APR	£119,995	£149,012	19% below HPI

23 LAUD 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 four 23 LAUD CLOSE sales between April 2002 and February 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 July 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 23 LAUD CLOSE?

23 LAUD CLOSE is 71m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 23 LAUD CLOSE lies on this distribution: 10% of detached houses are smaller than 23 LAUD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

23 LAUD CLOSE: Plot and Title Map

23 LAUD CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 23 LAUD 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 LAUD 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 LAUD CLOSE?

23 LAUD CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 23 on LAUD CLOSE.