24, GIBBS CLOSE, LITTLE MELTON, NORWICH, NR9 3NU - £477,800

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.

24 GIBBS CLOSE is a midsized extended detached house of 129m², built sometime between 2003 and 2006, which could now be worth an estimated £486,248. It was last sold for £477,800 in December 2024, which was around 10% above the average December 2024 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was D.

24 GIBBS CLOSE Sold Prices

Land registry data shows four sales for 24 GIBBS 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 South Norfolk local authority area for the corresponding sale date. All of the four 24 GIBBS CLOSE sales were for 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
2024 18 DEC	£477,800	£432,449	10% above HPI
2016 8 DEC	£390,000	£324,738	20% above HPI
2002 6 SEP	£190,000	£174,728	9% above HPI
2000 30 AUG	£145,000	£119,015	22% above HPI

24 GIBBS 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 four 24 GIBBS CLOSE sales between August 2000 and December 2024 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 December 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2024 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 24 GIBBS CLOSE be worth now?

24 GIBBS CLOSE might now be worth an estimated £486,248.

This is based on house price inflation of 1.8%, between December 2024 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 1.8% inflationary increase is applied to the most recent sale price for 24 GIBBS CLOSE of £477,800 on 18th December 2024. For the value to have increased from £477,800 to £486,248 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 24 GIBBS CLOSE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The December 2024 sale price of £477,800 represented a fair market value for the property.
• The size, condition, and specification of 24 GIBBS CLOSE has not materially changed since December 2024.

How Large is 24 GIBBS CLOSE?

24 GIBBS CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses houses in Little Melton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Melton, and where 24 GIBBS CLOSE lies on this distribution: 51% of detached houses houses are smaller than 24 GIBBS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Little Melton.

24 GIBBS CLOSE: Plot and Title Map

24 GIBBS CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 24 GIBBS 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 24 GIBBS 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 24 GIBBS CLOSE?

24 GIBBS CLOSE is located in LITTLE MELTON, in the NR9 postcode district. The below map shows the position of No. 24 on GIBBS CLOSE.