23, STILE CLOSE, MULBARTON, NORWICH, NR14 8BH - £269,000

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.

23 STILE CLOSE is a large extended detached house of 144m², built sometime between 1976 and 1982, which could now be worth an estimated £392,266. It was last sold for £269,000 in November 2015, which was around 11% below the average November 2015 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

23 STILE CLOSE Sold Prices

Land registry data shows three sales for 23 STILE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 23 STILE 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
2015 13 NOV	£269,000	£301,799	11% below HPI
2003 19 SEP	£163,500	£200,619	19% below HPI
1996 22 NOV	£65,500	£78,274	16% below HPI

23 STILE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 23 STILE CLOSE sales between November 1996 and November 2015 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 23 STILE CLOSE be worth now?

23 STILE CLOSE might now be worth an estimated £392,266.

This is based on house price inflation of 45.8%, between November 2015 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.8% inflationary increase is applied to the most recent sale price for 23 STILE CLOSE of £269,000 on 13th November 2015. For the value to have increased from £269,000 to £392,266 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 STILE CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The November 2015 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 23 STILE CLOSE has not materially changed since November 2015.

How Large is 23 STILE CLOSE?

23 STILE CLOSE is 144m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Mulbarton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mulbarton, and where 23 STILE CLOSE lies on this distribution: 68% of detached houses houses are smaller than 23 STILE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Mulbarton.

23 STILE CLOSE: Plot and Title Map

23 STILE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 23 STILE 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 STILE 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 STILE CLOSE?

23 STILE CLOSE is located in MULBARTON, in the NR14 postcode district. The below map shows the position of No. 23 on STILE CLOSE.